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10 More Ways to Retain Your Top Employees

By Bridget McCrea

Looking for more tips on how to retain your distributorship’s top talent? Human resources outsourcing and business solutions firm Insperity offers these 10 quick tips for keeping your best employees onboard:

  1. Offer a competitive employee benefits package that includes healthcare, dental, vision, and prescription drug plans, as well as other components such as a 401(k) savings plan and disability and life insurance.
  2. Help employees develop and grow professionally by offering opportunities for them to share information through internal and external training sessions, teamwork, and mentoring programs.
  3. Explain how employees contribute to the company’s success. Seek out and listen to their ideas and feedback, recognizing that they want respect and acknowledgment.
  4. Establish career paths so that employees can advance within the company, providing opportunities for promotion or cross training to help keep them challenged.
  5. Reward employees for a job well done, and share their successes with others on the team.  Decide what kind of performance to recognize, how it should be rewarded and how to communicate that reward. Employee recognition directly affects individual performance and the company’s bottom line.
  6. Look for ways to have fun in the workplace — merriment doesn’t have to hurt productivity.
  7. Encourage creative brainstorming to overcome challenges or roadblocks.
  8. Allow employees to balance their work and personal lives by being flexible in scheduling, making sure to treat everyone fairly.
  9. Set clear expectations of employees, establishing and communicating standards of performance, conducting regular reviews, and linking compensation to performance.
  10. Praise in public, recognizing hard work and creativity. Conversely, deliver constructive criticism in private.

McCrea is a Florida-based writer who covers business, industrial, and educational topics for a variety of magazines and journals. You can reach her at bridgetmc@earthlink.net or visit her website at www.expertghostwriter.net.

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