If you run or manage the business, you are likely to understand and appreciate the fact that quite a lot of factors come together to decide the fate of your business and the course of action that things take over time. There are so many variables, that it sometimes becomes difficult to deal with all of them at once. No matter what the case is, and how big your business is, there are always a few ground realities, however, that never change, and their role in deciding the fate of your company remains fairly constant. Among these ground realities of business that you are likely to have to contend with on a daily basis, one reality is that a company is only as good as the quality of employees that it has. This is one thing that you need to get right from the very outset, as having the right kin
High employee turnover rates can be troublesome for medium and small sized businesses. Not only are high employee retention rates expensive, but they also hinder the successful growth of a business. With 57% of organizations viewing employee retention as a problem, specific steps need to be taken to improve overall employee satisfaction and job loyalty. These retention practices need to involve both better hiring practices and better benefit packages for current employees.
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Many cases of employee dissatisfaction come from poor hiring decisions. When employees are not a good match for a specific position, they are more likely to be unsatisfied and more likely to seek alternative positions. A recent survey by Robert Half showed