What are some things companies can do to keep employees happy once they have them?
There are a variety of things, some of which involve money. Make sure that you’re paying competitively. While everybody says, “I love my work,” really, most people work for money. You want to be competitive in your compensation and benefits package. Beyond that, if you’re looking for low-cost things, one of the most important things is communication. Communicate with staff regularly and be honest with them. You want to let your staff know that they are valued. Simple things like offering a sincere thank-you for jobs well done. Other low-cost alternatives are looking at programs that might help out with work/life balance, provide more flexibility like working from home, days off. Anything that will boost morale and accommodate for a company’s inability to boost compensation if they’re unable to do that, is good. The other is, because companies in this environment are operating with lean staff levels, look to alleviate pressure by reassigning projects or bringing in temporary professiona