322 - 4 Ways to Keep From Losing Your Top Talent

According to the Society for Human Resource Management (SHRM), employers will spend between 6 and 9 months of an employee's salary in time, resources, and money to replace them. That's a lot of money you can keep in your pocket if you know the 4 secrets for retaining your top talent. Today, the Stay Paid pals talk about compensation, personal development, career progression, and building a high-performance culture. And you can get more in-depth information and added details not included in the episode from our show notes. Visit www.staypaidpodcast.com.   Connect | Resources  Ep. 164: 7 Tips for Managing Virtual Teams | Episode 164   Peter Taunton - Founder of Snap Fitness on How to Scale and Lead a Business  How to Use the Predictive Index to Build a Team | Episode 168  How You Train 76 Agents to Close 800 Transactions (With Mark Pattison) | Episode 267  4 Things You Need to Turn a Team Into a Company (with Tom Toole) | Episode 285    0:00     Introduction  1:17     Offer competitive compensation  5:28     Encourage personal development  7:50     Support career development  9:56     Ensure a high-performance culture  12:58   Action Item