According to a recent MetLife study, while small businesses are quite optimistic with the general economy employee retention may be the next hurdle to overcome. It’s not enough to make your customers happy so that they will come back to be patrons of your business. Another important factor to consider is how to retain your employees.
Think back to when you were an employee yourself. What were the factors that made you stay with a company for years? Was it really just because of the salary? Let’s face it, other businesses (other companies who want to “pirate” your star employee) can offer more competitive salaries to the best employees out there.…
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There are more and varied types of individuals in the workplace today than ever before. Along with various social and cultural challenges this diversity brings, the psychology of understanding people from various backgrounds and experiences can spell the difference between an advancing company and one stuck doing things the way they have always been done.

There are two main problems concerning human resources today. The first one is the unemployment rate which causes grossly underqualified people to apply to your company and the second is employee retention. For business owners, retaining your best employees may pose as a challenge.
Yes, it’s officially holiday season. And yes, festivities are all around. But let’s face it — as business owners, we work on our own calendar. While some parts of the business world are winding down for the year, many of us still have a hectic few weeks ahead of us.

