retaining employees

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Staff Loyalty Strong In Small Firms

Small–business owners are creating strong staff loyalty and practising effective staff retention, according to a Barclays survey Some 29 per cent of respondents to the Barclays Local Business survey employ somebody who has worked for them for at least ten years; with a further 32 per cent having an employee who has remained with the business for between five and nine years. Moreover, two–thirds of small businesses still employ their first ever recruit. The survey found these first recruits tend to have an attachment to their job, staying with the business for an average of 5.3 years. “Employees in smaller establishments are closer to their boss,” commented Mike Emmot, employee relations adviser at the Chartered Institute of Personnel and Development (CIPD). “T... »