Think Out Of The Box To Retain Employees

Look for innovative ways to retain and keep employees happy. The best company’s focus on engaging and retaining staff in a sustainable and creative way despite these challenging times of salary cuts and layoffs. Some companies gave their employees the chance to move to other roles motivating them to get unstuck and decrease financial uncertainty. Offering employees unpaid extended leave to spend time with their family that lives in another state and will return when business picks up again, is an effective technique to manage cost that some organizations use. Flex work arrangments is a motivating effective way that more companies are incorporating into their business model like working from home, in the office a few days out of the week or work part-time. Performance-based and long-term incentives is another out of the box way companies could retain high potential employees.