Attracting and retaining top talent is one of the main concerns on minds of many executives across various industries. Finding amazing people who are organizational rock stars in a sense is not easy which is why it is important to establish an environment which promotes retention.
Here are some guiding principles of how to retain your top talent:
- LISTEN to their ideas, suggestions, concerns.
- ENGAGE and empower people to act, decide and lead projects.
- PROMOTE within. Quality should always be enabled to advance.
- PAY competitively. No need to be the highest paying company, but must be competitive.
What else can you do to retain top talent?