How to Retain a Good Employee
Good Employees are the key factor for the success and growth of any company. Let us see how to retain such good employees.
- Motivation is the main factor to retain an employee.
- Recognition of an employee is very important to retain him. Recognition can be provided through Job appraisal and Appreciation letters.
- Performance based incentives should be provided to the employee when the employee performs better than his peers or when he achieves a target.
- Incentives can also be in the forms of gifts and rewards. They need not be a huge amount. This gives a good feeling to the employee and makes him to stay in the company.
- Cordial relationship should be maintained with the employee to protect his self esteem and social dignity.
- Job flexibility can be provided to the employee by allowing him to work through telecommuting and Internet.
- The employees can be provided with transport and residential allowances.
5 Comments
BRAVO, wish more employers would think this way!!!
Good article – thanks for sharing.
Blessings.
Sincerely,
-Liane Schmidt.
With the current economic downturn, employers are able to ride roughshod over their employees!
In being an employee, I totally agree.
good work