Retaining Top Performers

By Jim Champagne

When the economy finally does turn around and the job market starts to free up expect the pent up frustration of people stuck in the same rut at work to lead to a cascade of job seekers. Not in recent history have so many people been so frustrated by the opportunities available to them in their current jobs. For those who still have jobs, they have experienced fewer opportunities, more responsibility and lower financial rewards. I have repeatedly heard from many people that as soon as there are opportunities they are going to look hard and won’t look back. This turmoil doesn’t need to happen at your company however. For companies with a more entrepreneurial mindset, not only can they retain their best performers, but they can begin to attract the best of the new crop of job seekers. Companies that foster environments that lend themselves to the sharing of ideas while empowering employees stand the best chance of coming out ahead.

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