One of the key challenges for family business owners around the world is recruitment, retention and motivation of staff and here we have an article that highlights a number of things that can be done to retain key individuals.
Having worked with and seen numerous family businesses over the years, it is clearly evident that successful family firms already embrace many of these characteristics. There are challenges though and family business owners need to work with key employees to ensure that they do feel valued, respected and have a key role in the business too.
Honest and open communication is often one of the key tools to help make this happen.
Great employees create freedom, multiply your efforts, and increase your bottom line. However, bad employees steal your energy, take your time, and can close the doors to your business. We can spend more time taking care of negative employees then building and sustaining our businesses. But it doesn’t have to be this way. Our energy time and effort needs to be on our best and brightest stars. Knowing how impactful employees are we should focus our attention on getting and retaining top talent. To keep your awesome employees make sure you focus on these five keys.