Strategies for keeping your most valuable employees.
Direct farm marketers know the value of a good employee. After all, retailing is about personal relationships. While it is true that higher salaries offered by other organizations may be a threat to your employee retention efforts, research shows that traditional pay programs are ineffective for motivating high-performing, committed employees.
Companies will lose their most valued employees if they fail to offer them the intangible intrinsic rewards that money cannot buy. In fact, studies have shown that what tends to stimulate and encourage top performance, growth and loyalty is praise and recognition.
Publisher: Penn State Extension