Hello Friends

1. Pay employees fairly and well, then get them to forget about money.
2. Treat each and every employee with respect. Show them that you care about them as persons, not just as workers.
3. Praise accomplishments...and attempts:
* Both large and small
* Verbally and in writing
* At least 4 times more than you "criticize"
* Promptly (as soon as observed)
* Publicly … and in private
* Sincerely
4. Clearly communicate goals, responsibilities and expectations. NEVER criticize in public - redirect in private.
5. Recognize performance appropriately and consistently:
* Reward outstanding performance (e.g., with promotions and opportunities)
* Do not tolerate sustained poor performance - coach & train or remove

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Hi

Retaining this generation has become a pressing priority, because many Generation Y employees are most likely to change their jobs regularly. With the economic downturn now beginning to ease, employee retention will become increasingly important as more and more young people begin to look around for new jobs and get back on the milk-round.

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Hi

You really doing great job. Thanks for sharing this nice information.
I appreciate your post. Please keep sharing more and more information...

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Hi

Forget to retain anybody and develop skill to replace asap. This is life cycle. Some time up and some time down........u develop policy to retain employee but u urself try to get better position and package. so pls forget old song and start new song of replacement. u continously be in search of substitute if employee wants to leave.

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