How failing to hire and retain good employees can destroy your business

As a business owner, one of your most important assets are good employees. It is worthwhile take due diligence when searching for the best employee when hiring. A good employee starts out loyal, honest, hard working and gains experience with time. Therefore, it is important to keep good employees once they have been hired. High retention of employees can also boost employee morale. Also, a good team of upbeat, good employees leads to high levels of productivity and customer satisfaction.

Key Takeaways:

• No matter how fast technology may be changing, new business models are proving to be successful
• quality employees are a very sought out commodity on the labor market
• Entrepreneurs sometimes like to joke that their job would be much easier if there were not employees and customers

“If you fail to build up a team of people whose personal qualities are in line with your strategic goals, all the tech and all the theory in the world will not help you to maintain productivity and keep your business viable.”

http://www.dynamicbusiness.com.au/hr-and-staff/how-failing-to-hire-and-retain-good-employees-can-destroy-your-business.html