Retaining Good Employees

Helping Businesses Thrive and Grow

Retaining Good Employees

January 31, 2018 Employment Related 0

Keeping Good Employees

Idea of the Day:  Getting people (and companies) to change is hard. And the “carrot-and-stick ways of ‘motivating’ people are so ‘last century,’” says Keith Ferrazzi of Ferrazzi Greenlight — even a financial incentive won’t necessarily get people to embrace a new way of working. So what does motivate workers to embrace change? It’s all about the personal connection.

“No matter how loyal your employees are, or how much pride they have in the company, they won’t be motivated to change just for the company’s sake. For your employees to be engaged, they need to see how they can realize their own goals through the collective change the company wants to make.”

Economists Think the U.S. Economy Is At or Near Full Employment

Nine in 10 forecasters surveyed by WSJ said the U.S. has achieved or is approaching full employment

By Ben Leubsdorf

Jan 11, 2018, 10:00 am ET

Full employment is finally here, or at least not far away.

That’s according to the vast majority of economists surveyed this month by The Wall Street Journal. Asked if the U.S. economy has reached full employment, 42% said yes and an additional 48% said no, but that it’s close.

“Surveys and anecdotal conversations reveal that labor shortages are emerging across a variety of industries,” said Constance Hunter, chief economist at accounting firm KPMG.

Just 9% of economists surveyed said the U.S. isn’t close to full employment. (The figures don’t add to 100% due to rounding.)

What This Means For YOU

It means, holding on to good employees is going to be even more important for 2018. You need to make sure that you are doing everything you can to maintain a workplace they want to come to every day as well as continue to have a profitable business to keep them employed. The North Idaho Small Business Development Center offers some really great training and/or one on one coaching to help you be the best employer, human, and business person.

Upcoming Training Opportunities

All our morning courses are at the North Idaho College Campus in Coeur d’Alene and evenings they are held at North Idaho College Workforce Training Center in Post Falls.

Building a Profitable Business Series –

Learn the essential tools every business owner needs to take their business to the next level. $29/each or take all four in the series for $100 (must call to schedule to receive the discount).

Marketing Strategy for Profit – Morning Session March 16th 8:00 AM to Noon Friday, Evening Sessions Feb 8th & April 12th 5:30 PM  to 9:00 PM Thursday

Managing People & Operations for Profit – Morning Session March 23 8:00 AM to Noon Friday, Evening Sessions Feb 15th & April 19th 5:30 PM to 9:00 PM Thursday

Financial Management for Profit – Morning Session March 30th 8:00 AM to Noon Friday, Evening Sessions March 1st & May 3rd 5:30 PM to 9:00 PM

Planning for Business Success – Morning Session April 6th 8:00 AM to Noon Friday, Evening Sessions March 8th & May 10th 5:30 PM to 9:00 PM

Find these and more here: North Idaho Small Business Development Center Training

Coaching

If you are interested in one on one business coaching please fill out the form below and someone will reach out to you ASAP: