Roy Barker was recently featured on the Profit With A Plan Podcast hosted by Marcia Riner speaking about employee retention. You can also see the full interview on Youtube Here are ten important areas to focus in order to increase employee retention: Market for talent, more than an advertisement Initial screening Orientation/onboarding Job-specific training/feedback Provide a mentor Ongoing training opportunities Create opportunities for advancement Challenge employees Praise employees Develop an awesome company culture Really get to know your employee Other … Continue reading “Roy Barker Featured on Profit With A Plan Podcast”
More Wage Pressure Could Be On The Horizon!
In a proposed plan by the White House, more exempt employees will be eligible for overtime compensation. Not long ago I wrote a piece on the impact of increasing wages through both higher minimum wages and entry level wages in Is Your Business Prepared for the $15-An-Hour Entry Level Worker? Now, you should not only consider the impact of rising wages for hourly workers, but also potential wage impacts related to exempt employees. The proposed plan by the White … Continue reading “More Wage Pressure Could Be On The Horizon!”
10 Critical Steps to Increase Employee Retention
Employee retention is an area most businesses can improve on. In the heat of the moment with deadlines, phones ringing, and customers that need servicing, this is one area where short cuts are often taken. With the average entry level worker costing approximately $7,500 to turnover and executives reaching 200% of their yearly salary and some technical workers up to 400% of their yearly salary, this shortcut can be a costly proposition. Thought we’d start the year off with … Continue reading “10 Critical Steps to Increase Employee Retention”
The Elusive Balance of Life and Business
If you’re like me you’re constantly searching for the optimal balance in life. I do a lot of reading and try to find tips and pointers that work for me. I think one point to stress at the outset is there are many great ideas and theories available, but you have to study and incorporate the ones that are right for you and your situation. The key to balance will be somewhat different for everyone and will change from … Continue reading “The Elusive Balance of Life and Business”