Which matters more: recruitment or retention? Many employers struggle to answer this easy question. Every organisation is powered by its people, and hiring the right people starts with strong recruitment. Typically, employers believe that finding talented, motivated, experienced, and high-potential applicants to fill open positions is the best way to ensure a prosperous future of growth and innovation. But how much is that talent worth if it walks out the door after a year or two? Retaining existing employees means building institutional knowledge in your workforce and generating more stability.
[continue reading…]employee rentention
When small businesses owners are starting their business, the main aim and priority is to keep the costs low. It is likely, most of the costs will be spent on necessities, rather than luxuries. Some may think that HR professionals or an HR department are a luxury, however, they can help implement workplace policies and keep the business out of trouble. If it’s not possible to hire an HR professional, then outsourcing can also be an option. However, it is advisable to hire an individual to manage the HR of your business as soon as you can.
