Employee loyalty is not what it used to be. One in four employees will leave their jobs, according to the 2018 Work Institute Report. And that same report states that nearly 77% of that turnover could be prevented by employers. Losing a key employee can create a gap in knowledge, causing a company to scramble looking for answers. Without strong retention, the loss of a key employee can be quite expensive and may leave your business in a position of instability.(more…)
As a business owner there are many concerns and issues that keep you up at night. Some of those concerns may feel very immediate to you and you know they need to be addressed today. For instance, what could have happened if you , a business partner or a key employee of your business had died or became disabled yesterday? If this is a concern that keeps you up at night you may be wondering what you can do to put your mind at ease?