How to Keep Your Key Employees from Leaving. Strategies for Retention
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- Опубліковано 17 лип 2024
- For more information, visit www.AmServ.com
In this insightful video, we discuss the importance of creating a positive workplace culture to retain your valuable employees. We've all heard stories of businesses losing key talent, but it doesn't have to be that way. Join us as we share valuable tips on fostering an environment where your employees not only stay but thrive.
Timestamps:
00:00 Introduction
00:16 The Story of Employee Investment
00:19 Cultivating a Desire to Stay
00:30 The Challenge of Retaining Talent
00:43 The Impact of Your Conduct and Communication
00:59 Beyond Monetary Rewards
01:08 Welcoming New Team Members
01:25 Building a Positive Workplace Culture
01:39 Recognition and Flexibility Matter
02:02 How We Can Help You
02:09 Explore Our Video on Labor Costs
Key Takeaways:
✅ Understand the importance of creating a workplace culture that encourages employees to want to stay.
✅ Your conduct and communication as a leader play a pivotal role in retention.
✅ Recognition, inclusivity, and flexibility are vital in today's workforce.
Remember, a thriving workplace starts with a culture where employees feel valued and engaged. Watch this video to learn how to create that environment, and don't forget to check out our video on labor costs for additional business insights.
#EmployeeRetention #WorkplaceCulture #BusinessSuccess #Leadership
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American Management Services, Inc. was founded in 1986 by George Cloutier, a graduate of Harvard College and Harvard Business School.
Having focused his MBA thesis on delivering profits to small business, Cloutier sought to revolutionize business management practices, and founded American Management Services to do just that.
The company was originally started with one employee and $42,000 in capital. Today, American Management Services has over 120 full-time employees; seasoned executives who are dedicated to the immediate improvement of cash flow, profitability, and growth for our clients.
As the leading provider of implementation-based profit management and cash management services, the American Management Services’ teamwork directly with owners to implement the necessary changes that grow sales, profits, and cash flow.
Through our unique system of Pre-Determined Profits™, these consulting services, commonly available to only the largest companies, are exclusively offered to small and mid-sized privately held companies with annual revenues ranging from $3 million to $500 million.
If you are looking for a better solution to improving your company’s sales, profit or cash-flow, American Management Services is more than just another consulting business. We provide RESULTS NOT REPORTS™.
It's really simple, have principles, treat everyone equally, be fair, don't play favorites, don't gossip about employees, don't micromanage and be honest. It's simple and yet so hard for people in high tier positions to get right.
Just found your channel. Looks like some interesting videos.
I don't see this discussed much, but something I've noticed at my previous few employers is this odd tendency for people to just disappear. I know there are likely legal considerations but when employees leave or are let go, there's no longer any acknowledgement that they are gone, no clue why they left, and it's almost like we, as the remaining employees, are supposed to pretend they were never there.
This is hell on employee morale, especially when it was perceived that the person who left was a good employee.
I think some of it is the tendency lately of companies to fire when an employee gives notice, and I understand some people are let go for cause.
I've brought this up to management at a few places to be met with shrugs or deferring to HR. I don't think many people in upper management realize the downside of this policy.
Respect and dignity.
Ill tell ya from experience, if you dont pay enough, the "good jobs" will be detrimental, if not reflected with pay. I dont have self-esteem issues and I cant feed my family or pay my bills with back pats.
You should do everything this guys says and then pay me more.
In an era of 15% year over year inflation back pats don’t pay bills.
Also, don't announce record profits, and pull up to the office in a new corvette, and then layoff half the staff.
Perfect. Spont on. People have to want to work for you. Every owner should create this, and there will be a line of qualified people waiting to work there. Again, spot on. Congrats
Well said!
Stop micromanaging
The cardinal rule of labor relations is that an organization which cares about its people does not put imbeciles in charge of them.
You should show people that you appreciate them and not saying nothing at all, the job where I work at, the upper management don’t give an hoot about you, I’m moving on
1:00 min in “It shouldn’t be about money” then why would anyone work if it isn’t about the money. People work because they need money..😂😂😂😂😂😂
Dont drive a new 100,000 truck and not pay your subs. The employees take the heat for your greed.
Another tidbit. If you are frikkin 70, retire already, and allow the 50 year old to run the place.
exploiters do NOT care - they KNOW exactly how to keep slaves happy