In order to minimize employee turnover, you’ve got to:
1. Hire tough. Set high standards and never lower the bar;
2. Let new employees know why their jobs are important;
3. Never think: ”It’s just an entry-level job.” Those jobs most directly impact your customers experiences;
4. Pay the highest wages you can afford. When you pay more, you can expect and get more;
5. Give the first pay raise as soon as the new employee deserves a raise, not on pre-set time schedule, but on a productivity or learning schedule;
6. Give recognition when recognition is deserved;
7. Train for process, not for speed;
8. Help the new employee make friends at work;
9. Make work FUN;
10. Learn to fail fast. When you make a hiring mistake, cut your losses immediately.
via Hiring Wisdom: The Top 10 Ways to Reduce Employee Turnover.
Hiring Wisdom: The Top 10 Ways to Reduce Employee Turnover
