How to Make Your Best Employees Stay at Your Company Finding good talent is hard. Making them stick around when the competition comes calling can be even tougher.
This story appears in the September 2018 issue of Entrepreneur. Subscribe »
Q: My entry-level employees keep getting poached. We're on a tight budget -- is the only way to retain talent by paying higher salaries? -- Jessica M., Philadelphia
Jessica, we feel your pain. We had a similar situation at one of our previous companies, where we kept losing employees after only five or six months. The time and money involved in recruitment and training -- not to mention the effect the constant turnover had on our business and clients -- made us take a hard look at our practices to understand what we could do better to build a long-lasting team.
Related: 10 Tips for Retaining Top Talent
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