By Mona Piontkowski (www.SeminarInformation.com)
As the baby boomers start to reach retirement age employers are faced with the prospects of a diminishing supply of potential employees. It has become very important to nurture those workers you already have in place. 'Employee Retention Strategies' given by the American Management Association (http://www.seminarinformation.com/event/22900 ) is a great startingpoint. The seminar 'Talent Development: Strategies to Manage and Grow Your Organization's Future' (http://www.seminarinformation.com/event/23755) is another place to look for help.
When an employee leaves they take with them the experience and company knowledge they have accumulated during their employ. The relationships with customers they have developed and the expected customer service they have provided may no longerbe available to regular customers who have grown used to dealing with this one employee. So it is even more important to keep those workers you already employee in place and happy. Unhappy employess cost additional money in lost customers, errors in job tasks and creating an atmosphere that effects co-workers and creates a general feeling of dissatisfaction in the workplace. Successful Solutions for Unacceptable Employee Behavior ( http://www.seminarinformation.com/event/19991) can help you deal with those troublesome employees and get the team back on track.
When an employee leaves they take with them the experience and company knowledge they have accumulated during their employ. The relationships with customers they have developed and the expected customer service they have provided may no longerbe available to regular customers who have grown used to dealing with this one employee. So it is even more important to keep those workers you already employee in place and happy. Unhappy employess cost additional money in lost customers, errors in job tasks and creating an atmosphere that effects co-workers and creates a general feeling of dissatisfaction in the workplace. Successful Solutions for Unacceptable Employee Behavior ( http://www.seminarinformation.com/event/19991) can help you deal with those troublesome employees and get the team back on track.
Sometimes the employee doesn't even realize that there is a problem until it is too late. How many
times have you had to terminate an employee and during the exit interview they express shock for
they thought they were doing a fine job. It is important to communicate any problems with employees
as they arise. Performance Appraisals and Coaching Skills (http://www.seminarinformation.com/event/1566) seminar is a good guide to how to let the employee know what the problem is and how to work together to solve the problem before an unwanted outcome.
It has been estimated that replacement costs 30-50% of the annual salary of entry-level personnel,
150% for mid-level employees and 400% for specialized, high-level workers. So loss of employees
can certainly effect the bottom line in the time it takes to hire and train new employees and bring
them up to speed.
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