Keeping Your Star Performers

As we enter 2010, they economy may be turning around slowly, but there is no doubt that it is still a tough economy. Companies are still doing layoffs and the unemployment rate is still high. It is important as an employer to have your best team ready to go. Keeping your “A-Team” happy and satisfied can sometimes be difficult but it’s a necessity. You shouldn’t assume that your current employees are just happy to have a job with the current economy.

As you continue to plan for 2010, you may want to incorporate new business ideas or business goals that can really involve your employees and keep them happy.

Amy Gallo with the Harvard Business Review blog talks about ways to keep your employees happy, even in this tough economy.

“When the economy is slow and unemployment rates are high, it's easy to think your employees will happily stay put in their current jobs. But that's a dangerous assumption. Research shows that voluntary turnover rates increase as consumer confidence builds. This means, as a manager, you need to figure out ways to retain your top performers, even if your company is still in a slump.”

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