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One of the biggest personnel challenges faced by all companies is not just recruiting the top talent but keeping those talented people once they decide to join the company. Many businesses create programs designed to nurture these high fliers and teach them the advanced skills they need in order to climb the ladder and succeed. Unfortunately, for many companies these programs are simply not successful, leaving businesses to continually scramble for more top talent.<\/p>\n
There are many ways companies can cultivate their best people into becoming some of the top performers in their field. Here are a few starting points.<\/p>\n
1. Competitive Pay<\/strong><\/p>\n While this may seem an obviously stupid play, many companies often try to under pay their employees in an effort to save money. However, paying an employee what they are worth and offering performance based wage increases on a regular basis is a great way to encourage your employees to excel and dedicate themselves to the company.<\/p>\n 2. Offer Incentives<\/strong><\/p>\n In addition to a competitive salary, you should offer other benefits to your top people, such as flexible work hours, family leave, telecommuting options and, of course, savings and retirement plans. These types of benefits will relieve much stress from these key employees so that they can focus on the work of your business and will help create a sense of caring for the company.<\/p>\n 3. Training<\/strong><\/p>\n Your most talented people will want to improve themselves. To facilitate that, your business should offer training programs and continuing education assistance so your workers can further educate themselves to improve their skills and their value to your company.<\/p>\n 4. Feedback and Praise<\/strong><\/p>\n While it might be easy to forget, it is important to offer regular feedback and praise to your employees for a job well done. A little praise goes far, and a simple compliment will go a long way to fostering a long term relationship with your employees that will benefit both your employee and your business year and year.<\/p>\n