When To Hire And Fire (And What To Do If They Quit)

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Entrepreneurs usually can't wait to set up their office space, print their business cards and start their first marketing campaign. But often they don't know the harsh truths of attracting (and retaining) top performers. Welcoming a newcomer in your company is easy, but what about letting people go? Adapting to the demands of this rapidly-evolving environment is necessary to prevent your startup boat from capsizing, even if it involves slipping in the pink slip. Here are some tips on the times to hire and fire, and what to do if they quit:

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How to Keep Talented Employees in Your Company

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Employee loyalty might seem difficult to obtain these days. Rather than sticking with a single career until retirement, the modern day workforce often jumps from one job to the next every few years. There are many reasons for this erratic career progression: employees are learning how to keep an eye out for higher paying opportunities, companies with more benefits, and roles that allow them to use their skill sets. It is becoming increasingly difficult to hang onto your talent. Here are a few ways your organisation can set itself apart from competitors and hang on to employees.

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