September 23 , 2018

A Simple Tool for Small Businesses to Retain Employees

 

As seen in the Wall Street Journal The Experts (Dr Sullivan is a member of the panel of experts).

When a key employee quits, it’s a gut-wrenching experience for most small-business owners.

That single loss will likely result in a significant performance drop for the firm because that lost employee might represent an entire function. The drain will last for months because a good replacement takes time to recruit, hire, train and get up to speed. Plus, a significant portion of the manager’s time will be diverted toward recruiting and training a replacement.

Most small-business managers know little about retention. Their focus is often elsewhere. So they find themselves completely surprised when a key employee quits.

Read More http://blogs.wsj.com/experts/2015/11/20/a-simple-tool-for-small-businesses-to-retain-employees/

About Dr John Sullivan

Dr John Sullivan is an internationally known HR thought-leader from the Silicon Valley who specializes in providing bold and high business impact; strategic Talent Management solutions to large corporations.

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