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Recently, I had an employee tell me that her paycheck was not as important as the education we could provide her. As a business owner, you can’t afford to cut out employee development from your budget.
Employee retention is all about building loyalty by offering employees opportunities to make them feel valued. Loyal employees aren’t prone to quitting.
By providing training, continuing education, access to conferences and simple perks such as book allowances, you will attract employees who are looking to better themselves. That’s the kind of employee who will be loyal, rise up and contribute to your company’s success.