How to Stop Employee Turnover
Employee turnover is costly and disruptive. Employers, however, can minimize attrition by (a) hiring individuals who are the best fit for their companies and positions, (b) offering competitive wages and benefits, and (c) demonstrating to employees that they are valued.
Listed below are four ways to show employees that they are important and respected.
Ways to invest in employees' professional development include providing training and mentoring; sponsoring attendance at conferences, workshops, or seminars; and offering tuition reimbursement.
Employers cannot completely prevent employee turnover. However, investing in employees and showing them how important they are to the company will help reduce attrition and improve productivity.
The Wall Street Journal, "Employee Retention – How to Retain Employees," http://guides.wsj.com/small-
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