5 ways to Reduce Employee Turnover

20 percent of your present workers will reportedly hunt for new employment during the next six months, according to a recent survey.  Here are 5 ways to Reduce Employee Turnover and improving business culture and gaining a competitive edge in a competitive job market.

1. Building a team

Plan a team-building activity for your group once a year. Additional advantages may result from working with a trained facilitator.

2. Compensation & Benefits

To make sure you are competitive in the market, compare your pay plans and conduct an annual evaluation.

3. Education & Development By offering training

You will improve the skill sets of dealership staff members and open the door for them to obtain internal promotions.

4. Flexibility and work-life balance

Today’s workers want a healthy work-life balance, and when a company offers flexibility in the hours worked and the way it is done, workers are happier and perform better at their jobs.

5. Motivation and communication

One of the most crucial things that employees seek is communication. For better communication with your workforce, create additional channels.