In Support of Satisfaction How incentives boost employee retention

摘要

In a tight labor market,where people with specialized skills,aptitudes and attitudes are in high demand,employers are not only struggling to attract new talent,they are looking for creative ways to retain existing employees.The big question for companies seeking to boost retention: What incentives can be used to retain key employees in an environment where they have many other options? Terre Christensen is president at FindLine Connections Inc.in the Colorado Springs,Colorado,area,recruiting in the downstream oil and gas,cement and biofuels industries and working with clients to find,engage and sign on the best talent available.In the quest to attract and retain employees,she said,incentive programs are extremely important.Incentive programs,she said,serve to”not only balance the compensation equation,but also to motivate your employees to a higher aspiration.”