Trouble on the Horizon for Employers

According to the Bureau of Labor Statistics, employees quitting exceeded employees laid off for the first time in 18 months. (See article in WSJ). This spells trouble for a lot of bosses and employers. How do you avoid this, especially if money is still tight in your company / department? Start with appreciating your employees in the ways that matter to them. Some want public recognition at a staff meeting, others want kind words in private, still others would like a nice note or email (perhaps cc’ed to someone important). Find out now what each employee wants, and start doing it ASAP. This kind of recognition costs no dollars, and just a little bit of time and energy, and the payoff is huge in terms of retention and motivation, since most of your competitors don’t do it either.