Turnover is still a problem for large and small businesses alike.
And if you've had to lay off some under-performers recently, it's even more important to retain the employees who contribute the most. The Price of Talent Salary is first on the list of inducements to join a company and stay there, according to recent surveys. But before you break the bank to give your business manager a raise, consider that for the past several years most surveys placed salary third or lower among ways to attract and keep employees. Now many employees take such working conditions for granted and again covet higher earnings. Keep them informed.