Skip to main content
Business LibreTexts

10.12: Introduction to Retaining Personnel

  • Page ID
    45172
  • \( \newcommand{\vecs}[1]{\overset { \scriptstyle \rightharpoonup} {\mathbf{#1}} } \) \( \newcommand{\vecd}[1]{\overset{-\!-\!\rightharpoonup}{\vphantom{a}\smash {#1}}} \)\(\newcommand{\id}{\mathrm{id}}\) \( \newcommand{\Span}{\mathrm{span}}\) \( \newcommand{\kernel}{\mathrm{null}\,}\) \( \newcommand{\range}{\mathrm{range}\,}\) \( \newcommand{\RealPart}{\mathrm{Re}}\) \( \newcommand{\ImaginaryPart}{\mathrm{Im}}\) \( \newcommand{\Argument}{\mathrm{Arg}}\) \( \newcommand{\norm}[1]{\| #1 \|}\) \( \newcommand{\inner}[2]{\langle #1, #2 \rangle}\) \( \newcommand{\Span}{\mathrm{span}}\) \(\newcommand{\id}{\mathrm{id}}\) \( \newcommand{\Span}{\mathrm{span}}\) \( \newcommand{\kernel}{\mathrm{null}\,}\) \( \newcommand{\range}{\mathrm{range}\,}\) \( \newcommand{\RealPart}{\mathrm{Re}}\) \( \newcommand{\ImaginaryPart}{\mathrm{Im}}\) \( \newcommand{\Argument}{\mathrm{Arg}}\) \( \newcommand{\norm}[1]{\| #1 \|}\) \( \newcommand{\inner}[2]{\langle #1, #2 \rangle}\) \( \newcommand{\Span}{\mathrm{span}}\)\(\newcommand{\AA}{\unicode[.8,0]{x212B}}\)

    What you’ll learn to do: Explain how retailers keep the best personnel

    Once you hire great employees, it is important to keep them. Let’s say we’re living in a time of low unemployment and employees have their pick of jobs in the market. How do we make sure they stay with us? Will unhappy employees use this opportunity to seek employment elsewhere?

    In this section, we’ll examine how retailers keep their best personnel by providing feedback to their employees, offering compensation and rewards, and identifying employees who have strong leadership potential. By studying examples of other companies, we can learn from what their performance and adopt them for own purposes.

    How do the best companies keep their employees?

    Contributors and Attributions

    CC licensed content, Original
    • Introduction to Retaining Personnel. Authored by: Freedom Learning Group. Provided by: Lumen Learning. License: CC BY: Attribution

    10.12: Introduction to Retaining Personnel is shared under a CC BY 4.0 license and was authored, remixed, and/or curated by LibreTexts.

    • Was this article helpful?