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why is it important to always retain your experienced staff members?

Retaining an experienced staff is very good because such a staff can use his loads of experience in transforming the company. Increasing the salary of the staff and provision of some welfare packages should make the staff stay in the company.
Exactly, this is the fact that applies to most businesses both foreign and local. After the owners of the business, the next one in line is the most experienced staff in the company because everything about the business revolves around him.
 
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Retention of a positive and motivated employee is very important for the organization's success. High employee turnover increases the expenses and also has a negative impact on the organization’s morale. Implementation of an employee retention program is an effective way of making sure that the pivotal workers remain employed while balancing and maintaining job performance and productivity.
 
In my experience as operations manager we have the so called understudy. When there is a supervisor that is handling delicate tasks then a subordinate should be trained to handle that task so it can proceed when the supervisor is not around. If the supervisor will resign then his understudy can assume the position of supervisor on a temporary basis until such time that he can effectively handle the position and the duties.
 
Actually its not really important! Unless the staff started the business with you! And already knows the in and out of the business!
Quotes of the day!
The post of consistency and persistent can win the race! But direct it in the right channel.
 
Though I am yet to have staff or employees, to my own little understanding, sacking experience staff and remaining employ unexperience may cause big losses to the firm so as for experience experience staff should be well taken care of so they won't think of quiting job.
 
It is very important to retain your experience staff because they have been there for a long period of time, they know the company in and out and they have sacrifice a lot in the growth of the company.
 
Retention of a positive and motivated employees is very important for the organization's success. High employees turnover increases the expenses and also has a negative impact on the organization's morale. ... Performance and Productivity Maintenance, employees retention practices help support an organization's productivity.
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Retention of a positive and motivated employees is very important for the organization's success. High employees turnover increases the expenses and also has a negative impact on the organization's morale. Performance and Productivity Maintenance, employees retention practices help support an organization's productivity.
 
Experienced staff members under your employ are just too vital to dispense with. You just need to keep them by your side because they'll really make your work easy for you without you settling down with a massive headache all the time because they already understand you
 
Answering the question on why is it important to always retain your experienced staff members, it is important to retain experienced staff because experienced staff are staffs that has lots of ideas about ones business and can make the business grow bigger
 
Experience is key and very vital in any business entity. Your experience staff will be the one to enlightened your incoming employee and also handle your business while you are absent. Most experience staff members resign because of low Payment or lack of promotion.
 
They have experienced many changes within the workplace, and consequently understand what works and what doesn't. In performing their job duties day after day, they develop a strong knowledge base, which results in higher
 
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 substantial contribution to output will take time.

What is the best method used by companies to retain staff members?
the Old staff of any company or organisation have gathered so much experience in that when the stars list of company or organisation his or her absence is usually felt. so I think the best way to retain or handle the situation is that you employ younger stove to be mentored by this old one directly or indirectly so that when they leave their effect will not be felt.
 
the Old staff of any company or organisation have gathered so much experience in that when the stars list of company or organisation his or her absence is usually felt. so I think the best way to retain or handle the situation is that you employ younger stove to be mentored by this old one directly or indirectly so that when they leave their effect will not be felt.
@Profuk57 what about the cost of training such young staff after the experienced once leave or stopped working for the company. No doubt the newly trained ones would learn a lot but their output will be relatively low.
 
It is good to retain tour experienced staff because throuyrhiwr experience in the field of your business it makes you make more profit because the more they continue the doing the business the more they get experience and the more they get experience they more tour business boom thereby creating avenue for you to make money ( profits) . It is essential to retain your experienced staff.
 
Companies have different ways of retaining the value employees. First they promise them job security. Every employee cares about their job security. No one wants to get to the office someday and meet sack letter on the table. Another strategy used by companies is to raise the salaries and allowances of valued employees.
 
It is a good idea to retain experience staff. The experience staff is somebody u have invested a lot on so when he retains on the job it improved ur productivity. Experience staff will train the incoming one on the rudiment of the work u are doing instead of contract another ppl to train them u will use the money to employ set of workers in order to improve ur productivity
 
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 substantial contribution to output will take time.

What is the best method used by companies to retain staff members?
I think its normal keep your experienced staff member from resigning because of consistency, the experienced staff knows much about the work of the company and he can carry all the inexperience members along by guiding and putting them through, and most of the customers are convenient with a similar face.
 
Why it is of utmost importance to retain your experience staff is to prevent lacuna or vacuum that comes with the exit of an experience staff.Experience is key and very vital in any business entity.
 
It's very important and necessary not to let go of experienced employee, they won't need any introduction to the business like the new employee, and if they are very trusted you wont need to supervise them, experienced employee will be efficient than new employees.
 
It is important to keep your experienced staff in order to continue to maintain the quality and standard of a company. Relieving experienced staff from your business and can or will leads to reduction in quality of the company productivity. it will also make the company to spend more on training of inexperienced staff.
 

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