Is there an employee evaluation program that can increase employee retention?
There are many types of employee evaluations out there, but how can you use them to increase employee retention? If you read up on employee retention strategies, you’ll undoubtedly hear about performance evaluations, hiring strategies, managerial strategies, relationship strategies, business philosophies and more. It has been said that the five areas of interest in employee retention are: • The work environment • Employee relationships • Organizational support • Employee growth potential • Compensation While these all play a role in retention, a vital point is missing: production. Employee morale is created by production. A low-producing employee will always have low morale. Properly training employees and demanding high production keep up morale and are two of the most important facets of employee retention. Now, let’s clarify something here. Production doesn’t just mean busy. People can appear busy but be producing nothing. Production is producing things that have exchange value outs
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