Employees are the lifeblood of any business. If they keep leaving, the business has to keep recruiting and training new ones. This creates a lack of consistency and experience. It is for these reasons that companies strive to increase employee retention. This requires good developmental strategies. Retention strategies depend on the type of employees you want to keep. Retaining employees has been one of the main challenges in Nevada as a whole and for Reno in particular.
Employee Retention and Leadership
It is your job as an entrepreneur or CEO to keep workers in the company. Workers are leaders in their departments. You need to maintain their style of leadership for consistency. Having strong leadership is the main concern of Fortune 500 companies. A survey by Deloitte established this. Strong leaders in a firm ensure they engage their entire staff. Engagement of all employees in turn leads to higher output and profits.