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Improving Employee Retention To Build A Strong Team

YoungUpstarts

Do you pay attention to your employee retention rate and whether your top employees are happy? If your employees are unhappy and continue to hand in their resignation, it makes it challenging to keep the business moving forward. Continuously hiring new employees is a huge expense for a company.

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4 Strategies to Reduce Employee Turnover That Work 

The Startup Magazine

Image Link: Unsplash Businesses continue to face the issues of economic downturn, an exhausted workforce, a highly competitive landscape, and employee turnover. Employee turnover, for one, has been an ongoing problem across various industries. Do you wish to steer clear of losing valuable employees? Then, keep reading.

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How To Survive The Loss Of A Main Customer

YoungUpstarts

In the early stages, it isn’t uncommon for businesses to bank their earnings on a handful of customers (or sometimes, just one). This is especially true for startups, which operate on the basis of customer traction to solidify expectations with investors or lending institutions. Losing a major customer will inevitably impact cash flow.

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How To Improve Staff Retention 

YoungUpstarts

In any industry, the best talent must be retained to nurture customer loyalty, increase tips and maintain reputation. The post How To Improve Staff Retention appeared first on Young Upstarts. In hospitality, it's even more critical.

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Machine Learning Is Your Secret Weapon For Customer Acquisition

YoungUpstarts

If you’re looking for a strategy to get ahead when it comes to customer acquisition, machine learning can be your secret weapon. While machine learning does fall under the larger category of artificial intelligence (AI), it’s a bit more specific and can be extremely effective technology to pair with your customer and prospect database.

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What Makes Employees Productive in a New Startup?

ReadWriteStart

But one of the secrets to effective scaling is an efficient team; if your employees are working productively and consistently, they’ll be capable of making your vision a reality. What Makes Employees Productive in a New Startup? So what is it that makes employees productive in a new startup? Uncertainty. Experimental workflows.

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Are You a Giver? How Reciprocity Results in Employee Retention

Mike Michalowicz

But when I went from a solo small business owner to one that had a couple of employees, I realized that I had new responsibilities that came with that. The reciprocity revolution in the workplace If you want to keep your employees from looking elsewhere (and they are looking, especially now), you have to engage them – and thoughtfully.

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