4 ms·
A tech company tried it all to stop employee turnover. Only one thing worked
- gnat 7y agoThe "one thing" was accepting the turnover. They did some investing in their staff, put in ESOP, and responded as best they could to employee suggestions/requests. No silver bullet.
- musicale 7y ago> some employees wished we would give across-the-board pay increases every year instead of merit raises. We weren't prepared to do that, because we believe compensation should be tied to performance... so...the top 15 performers share in our profits" "Some employees told us they wanted X; we believe in not X, so we ignored their concerns and doubled down on not X."