The Employee Reward Philosophy That Equals Higher Retention
Congratulations! That great new person has been hired to your team – and they are eager to start adding a ton of value. As a highly-engaged leader, you understand how to create an upward spiral of performance very well: define performance standards, spell out expectations, collaborate on next steps and benchmarks, follow up and adjust. That structure and support goes a long way toward engaging and developing today’s best talent. You just hope that great new hire decides to stick around for a while.
The foundation of any successful retention strategy today is this: build a strong leadership culture. Without leaders who are engaged enough to help people develop skills and grow their careers, there will be no hope of retaining even the most dedicated employees.
But what if you are already a strong, highly-engaged leader? You are a master of the management fundamentals: You have regular 1:1 meetings with each........
