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Dated: 01-18-2017
Good talent is worth its weight in gold, yet retaining star workers is one of the biggest challenges HR leaders face. We know great managers are critical to retention, but “great” is, at best, a rather nebulous description. So how can HR leaders help managers improve? We surveyed nearly 300 direct reports, asking them to identify the one area that, if improved upon by their manager, would most increase workplace performance, happiness, and wellbeing.
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Dated: 01-17-2017
In 1994, Cary Albert and his wife Jacquelyn began Schlotzsky’s. At Albert Enterprises, the owner claims labor costs as a percentage of his business are some of the lowest in the Schlotzsky's system, but that he pays some of the highest hourly rates. Why? "Because we retain great people and reward them with higher pay. You can't put a price tag on this." Albert Enterprises, which landed at No. 1,372 on Inc.'s list of the fastest growing companies in America. It grew to 845 employees and annual revenue of $21 million in 2015, up 280 percent from $5.5 million in 2012 when it employed 125.
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