“People don’t leave companies; they leave managers.” This was a statement that 55% of survey respondents agreed to on Yahoo! HotJobs annual job satisfaction survey Additional studies from the survey indicate that 43% of workers would take a new job in 2008 due to a dislike in a boss’ performance. So how can companies create a better boss/employee relationship? The job satisfaction survey lists strategies that can improve communication and thus higher retention rates. According to Greg Smith, President of Chart Your Course International, part of creating a retention strategy within a company is to train managers or higher level executives on how to develop and provide performance improvement coaching. Questions or surveys to each employee can provide the best feedback and individual attention. If you’re in need of a little guidance, Smith also provides a free retention course that may help boost employee confidence and provide great tips on creating the best model for high retention within your company.
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