6 easy yet successful ways of retaining talent

So, here are six ways in which you can nurture and retain talent:
Culture Everyone wants a positive work environment. If you treat your employees with respect, they will also treat each other with respect, and have pride in what they do. Respect can make up for many other shortcomings. People are on top priority and this should come from the top management.
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Empowerment Empower your employees in their respective work areas. Let them take their own decisions and be responsible for their own actions. Don’t monitor to the detail. Manage and guide them as employees are more productive when they are guided properly.
Rewards & Recognition Appreciate and encourage your talents immediately when someone does something good. Don’t wait for RnR program to take place. A pat on their backs, a word of appreciation and applauding someone’s achievement motivates them. Monetary incentives are not the only tool to motivate an employee. An employee needs acknowledgement and words of appreciation more than his slight increase in bank balance.
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Increasing salary Lots of surveys have been conducted in the past, and salary tops the list. This means, it is sometimes necessary to increase annual salary in order to prevent attrition. Salary should be at par with the industry norms and should be competitive.
Flexible work Off-lately, organizations have understood that traditional work style is no more effective. Flexible working appeals employees, whether it is split-shifts, customized hours or telecommuting. This helps employee in maintaining
(Image Credits: Indiatimes)
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( About the author: The author of this article is Arpit Prakash Mathur, Founder and CEO, Talific Consulting Services Private Ltd)
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