It’s every manager’s nightmare: One of your best employees resigns out of the blue. Right away, you’ve got several challenges to tackle on top of your daily responsibilities. That’s why employee retention and employee job satisfaction should be high on every organization’s list of priorities, and why creating effective retention strategies to decrease turnover should be one of management’s most important jobs.
Always remember to assess your employee retention strategies at least once a year. You’ll want to stay current on market salary rates and benefits, and best practices in developing workplace culture and manager-employee relations. Doing so will help you keep staff morale high and turnover low while guaranteeing your organization’s success.