Check Attrition to Decrease Costs and Increase Profit Margin

Source: http://planbmatters.com/check-attriti...

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Check Attrition to
Decrease Costs
&
Increase Profit Margin
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Though it’s not possible
to eliminate attrition completely
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It’s possible
to REDUCE attrition significantly
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Here Comes ...
The 7 Factors to Consider
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1. Salary and Benefits
Employees are always in search of well paying jobs
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2. Working Environment
Employees prefer to work in an environment which is apposite for them
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3. Leadership Style
In order to be a good manager, it is important to be a good human being
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4. Employee Motivation
Motivation is something which has to come from the employees
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5. Wrong Job
It is important to hire right people for the right job
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6. Training
Leaders have to identify the training needs of the staff
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7. Advancement
Many leave the company due to lack of scope for advancements
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Visit http://bit.ly/1rCvdIn to read the full article. | http://PlanBmatters.com endeavours to INSPIRE & EMPOWER entrepreneurs.
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Image Credits
https://www.flickr.com/photos/giovanni_novara1/5817898537/
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