How do I retain my employees during tough times?
Each week, Business in Vancouver asks local experts for their advice on very real issues faced by business owners.
This week they asked Cori Maedel, Vancouver human resources consultant at Jouta, for her advice on the following question:
“I’ve been experiencing a lot of attrition at my company. How do I retain my employees especially when the company is going through tough times?”
“Don’t assume employees stay solely for money,” Cori advised. “If you do, you may be vulnerable to losing your star performers. Take proactive steps towards retaining your top talent and avoid the expensive process of replacing them.”
Cori’s two big pieces of advice to businesses in this situation were to communicate openly with your employees and to ask for their help. See the full article for more details on how to do this.
If you are experiencing issues with retention or any other areas of human resources, you can contact us in complete confidentiality.
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