Getting a replacement for an experienced staff in your company will definitely be a difficult task. Every staffs are unique in there mode of operations and losing a staff with so much experience might lead to a setback in output
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The best way to keep your best brains is to treat them nicely and give them good remuneration. When they are well taken care of, they would not think of leaving your business. In addition, you can keep them by elevating their status or rank, this will make them stay as they will feel loved.Whenever an experienced staff member resign from your company, the contribution of such an experienced staff member always have an adverse effect on output. Finding a replacement that will perfectly fit in is possible, but a substantial contribution to output will take time.
What is the best method used by companies to retain staff members?
You're absolutely right, if eventually the employee isn't treating his or staff well it would be nearly impossible for such employee to let you know that he would be retiring soon or even give you a week notice. In such a situation he would just drop his resignation letter and alert you that he is retiring tomorrow which would be a shock to you.
Of course yes, as long as you don't have a wealthy family that kept a slush fund aside for you to graduate from the university, you are definitely going to work for someone. Unless you have a skill set that you can harness immediately to make money from it, that's the only way out.Well, you are right but some people also tend to stay longer than normal under their bosses that as time goes on they become incapacitated enough to be able to establish their own business. I know it is normal to first work undeunder someone
That is just the best thing to doThe best way to handle situations like this is to get the experienced workers to train the young ones around so as to replicate themselves because you can't stop people from leaving if they decide to leave.
The reason behind that is that when the staff members have noticed that their employer is making life difficult for then and they have complained severally without any positive change, leaving the place is the next best thing.Well, for some situations, the staff may even leave without giving any notice especially when they have a long term grudges hanging on in the business. This is the reason you should treat your staff well too.
Actually there are some staff who are too loyal to any company they are working with to the point of death. I can remember my friend who worked for a company for almost all his life. He worked for the company for 35 years before he retired, although they paid him very well.For growth in any company, it is very important to have old staff members, because the better the experience, the more the company will grow. Wherever you look in the market, you will find more than one veteran.
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