How to Make Your Best Employees Stay at Your Company
Finding good talent is hard. Making them stick around when the competition comes calling can be even tougher.
Q: My entry-level employees keep getting poached. We’re on a tight budget -- is the only way to retain talent by paying higher salaries? -- Jessica M., Philadelphia
Federico Gastaldi
Jessica, we feel your pain. We had a similar situation at one of our previous companies, where we kept losing employees after only five or six months. The time and money involved in recruitment and training -- not to mention the effect the constant turnover had on our business and clients -- made us take a hard look at our practices to understand what we could do better to build a long-lasting team.
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