Retention
Companies could not achieve their business objectives if they lack a dedicated and qualified labor force. With new technologies arising, it has become more and more useful to have on-the-job (OJT) training programs in enhancing workers’ practical skills and soft skills. Anyhow, there is more to learning when at work than formal training. Enterprises have to be creative to make workers keep honing their expertise.
Nowadays, the number of business enterprises that are up-and-coming is phenomenally high. Sadly, most people launch their startups without understanding the need of employing a credible human resources team. This is because of the common misconception that employing an HR team is an expensive option.
Technology may advance and business practices may change, but one thing that still remains the same is the importance of retaining your most skilled employees. Many business owners focus on the product and forget one of the most important components to their success: having an engaged and satisfied workforce. Investing in people who will stay loyal and committed to your company is half the battle. By keeping your employees happy, you are driving better results to your business and ultimately building a family culture.
