How to Prevent Top Talent From Leaving Your Small Business

March 8, 2016
AggregatedNews
HR and Staffing
0 Comments

Pay raises typically provide a temporary benefit and don’t always address the root cause of why employees decide to leave. But there are a variety of other methods to retain talent.

According to the most recent “ADP National Employment Report,” the U.S. private sector added 257,000 jobs in December. While economic indicators like this are great news for American workers, the strengthened economy’s effect on the jobs market now poses new recruitment and retention challenges for small and midsize businesses across the country. There have been 69 consecutive months of private sector job growth, and that’s led to talent scarcity in some areas — a major trend reversal from the 2007 to 2009 financial crisis and subsequent recession.

This talent challenge is further compounded as small businesses also have fewer resources than larger companies to attract and retain the best employees. [Read More]

This Post Has 0 Comments

Recent Stories

Foreign Investment in U.S. Cannabis: Five Key Considerations

By Griffen Thorne, Attorney at Harris Sliwoski Cannabis investments are difficult enough when the investor is a U.S.-based person or entity. But things can get immensely more complicated when foreign investment is on…

Marijuana tax revenues fall short of projections in many states, including Colorado

Nearly half of Americans live in a state that allows legal access to recreational marijuana. Eleven more states, including Wisconsin and Florida, are considering legalization in 2024. One of the most common rationales…

Eaze cannabis delivery drivers threaten strike ahead of annual pot day

California cannabis delivery company Eaze may face a work stoppage by April 20, a peak sales time for weed businesses. Nearly 600 cannabis delivery drivers and depot staff across California…

Cannabis legalization bill passes N.H. House, but lacks governor’s support

A marijuana legalization bill that passed the New Hampshire House on Thursday, after months of workshopping and debate, lacks the support it would need from Governor Chris Sununu to become…