Higher salaries are often a knee-jerk reaction to turnover. Competitive salaries are one way to lure and keep employees, but forward-thinking employers are trying to build the employee loyalty that was lost in the era of corporate downsizing and frequent layoffs. One such company is an Atlanta-based clothing manufacturer. We'll take the whole team to the best steakhouse in Atlanta. That's cheaper than paying one headhunter once.
Training can also help alleviate the labor shortage in several ways.
The opportunity to increase their skills is a powerful incentive for IT professionals to join a company and stay there. Good training can make staff more efficient, reducing the need for more employees. In addition, a well-targeted training program can help expand the pool of applicants to include workers with experience in other industries. In a poll of system administrators and network specialists, training was the most frequently mentioned way that respondents said their employers could make them want to stay. Particularly for technology employees, training is a huge and key retention factor, according to the poll.