Retaining Staff in a Hot Job Market

A recent web survey conducted by About.com revealed some interesting facts about why employees stick with their employers.

Top reason was because they got good coaching and interaction with their bosses!

Here are the results:

Good coaching from and interaction with my boss.
34%
Opportunity to learn new skills.
11%
Good compensation and benefits package.
10%
Recognition for a job well done.
8%
Just can’t seem to get motivated enough to leave….
8%
Challenging, rewarding, interesting work.
6%
Like my co-workers.
5%
Mission of the company.
5%
Talent and vision of company management team.
4%
Respectful treatment.
4%
Total Votes: 783

Traditionally skilled trades – construction, manufacturing and transportation – have provided few benefits and incentives to employees. By reversing that trend, employers are well poised to retain staff. Some possible benefits (and they are tax deductible) include:

  • paid vacation
  • time off with pay for medical or dental appointments
  • time off to participate in work-related training
  • partial or full payment of training costs