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The most profitable thing you can do for employees is to engage them

Quick, what are your perceptions of an apparently rising star employee who job-hops from one employer to another and who seems to be in high demand – in any economy? Are they more creative? Are they higher paid?

Think about those questions and then select the word “here” below and take the six-question “Fidelity Test” provided.  Then read this article from the June 21 edition of The Wall Street Journal.

According to research, the reality about job hopping is that it often costs employees far more than it costs the companies they leave.

“People who had a minimum of experience of five years with a single employer typically got 8% increases in compensation a year compared with about 5% for people with a history of job hopping,” claims the article. “Short-term hopping is not advantageous to the employer or employee.”

The same research also found that people who stick with a single company are more productive and creative.

We all know that employee retention – particularly of star people – is profitable to companies. This research seems to indicate that it’s even more profitable to the people who stay.

Remember that during our session with John Hersey that a Contagious Leader is a profitable one.  

You can read the full Wall Street Journal article here:
http://online.wsj.com/article/SB10001424052702304887904576397801582783690.html
 
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