Sunday, May 4, 2008

How to retain your star employees

Most people don't work solely for money. They want respect and feel being important in an organization. To retain your star Chinese employee should start with a thorough review of the company's management and leadership skill. Most of the time, the employees leave the boss instead of the company. An abusive and abrasive boss cause prodigous damage to the company's most valuble asset-human resource.

In my point of view, the three "R"s, respect,remuneration and recognition should be the three pillars of a company's talent retaining strategy.

Without respect, people feel their work and existence are not appreciated. Then the connection between the employees and the company will be seriously debilitated.

Remuneration is also extremely important. Especially in a developping country like China. Money is not only an important tool to lift the standard of living, but also a measurement of success.

Recognition make employee see the future of their careers. When the employee feel their contribution is recognized by the company, they know the earn the credit to advance their careers. They will keep doing good things to win more recognitions. What else company can do is always to put an employees's stellar performance under the spotlight, as a motivation to the star employee and also as the goad to inspire more other employees.

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