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Pulse Survey

Employee Retention & Hiring

Hiring

This is a high-level summary of our key findings from the March 2013 Small Business Pulse Survey. This survey concentrated on Employee Retention and Hiring

 
  • Strategic employees are retained most effectively through "improved communication & culture"
  • When asked to describe their current experieince in retaining existing employees 65% of small business owners responded that it was easy to retain employees. 
  • All respondents surveyed agreed the most effective strategy for retaining existing employees is to "improve communication & culture"
  • Additional retention strategies include: "support flexible hours & work remotely", "increase performance-based compensation", "increase base total compensation","increase opportunities for training, continuing education and skill development". 
  • The biggest hiring challenge facing business owners is candidates "missing the necessary experience in our industry"
  • The most effective hiring channels for small business owners were through employee referrals, classified ads, LinkedIn, company website, or a professional recruiter. 
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Future Outlooks:

  • 72% of TAB members expect an increase in profits in the next year. 
  • 79% of TAB members expects their sales revenues to climb in the next year. 
  • 50% of TAB members will increase their hiring of full-time employees this year.
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Maintaining Accountability in a World of Distraction

There is a lot of competing noise demanding our attention. As an entrepreneur, you are expected to stay accountable to your clients, your employees, your vendors, friends, family and yourself. It can be hard to stay focused when distraction is always close at hand. This webinar will cover some helpful strategies for designing accountability practices that foster reliability and respect for everyone in your life, including you.

Key takeaways:

  • Developing Key Accountabilities for Teams
  • How to Hold Yourself Accountable and Improve Focus
  • Accountability to and from clients
  • Accountability to and from colleagues
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