- Lack of Respect for Peoples’ Time: This is a big one: people need time to have a life outside of work, and if they don’t get that, they’re liable to explore other employment options.
- It’s (Often) Not the Boss’s Fault: People aren’t often driven out of companies because of bad bosses, Guthrie insisted. But that doesn’t mean employees won’t leave because they perceive management as weak or ineffective.
- Counteroffers (Rarely) Work: An employee who goes through the effort of seeking out another job is unlikely to stick with you for very long, even if you offer an attractive counteroffer.
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- They Feel Like a Community: Never underestimate the power of people feeling good about where they work.
- Flexibility: Employees appreciate things like the ability to work remotely.
- Mentorship That Works: Who doesn’t like personal development?
- Good HR: An effective human-resources department can help with retention and provide “reality checks” to firm founders.
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