How to Retain and Grow Your Staff
August 14, 2020 | Business in education
Q. What is a good way to retain employees?
A. It is certainly difficult to find a good employee with the right skill set and abilities, and that fits into your company's values. Once you find those employees it is important to make sure you retain them.
To help you with analyzing employees and running your business, a great book to read is “Traction” by Gino Wickman. “Traction” talks about three questions to ask yourself about each employee: do they get it, do they want it and do they have the capacity to do it? If you can answer yes to all three of these questions, then you want to retain them. To retain staff and help your business grow, it is important to be able to provide your current employees with opportunities to further educate themselves. Companies who offer continuous education opportunities help their employees grow and increase their job satisfaction. By doing this you may also help improve operations and possibly find new and improved ways of providing services or products.
In conclusion, an employee who fits into your company’s values, vision and culture is worth investing in. There are many ways of providing opportunities for your employees to further their education. You can help an employee receive their undergraduate degree, pursue their masters or allow them to attend conferences. With the recent pandemic, education has become even more accessible with online classes and symposiums, and the expense of travel and time is eliminated so your employees can learn faster and more economically.