15) Why Should You Retain And Motivate Staff

Question 1

Why is it important to retain and motivate staff?

Answer 1

Company health 
Workers
Customers
Investors 
The industry

Question 2

How does retaining and motivating staff affect company health?

Answer 2

Stable workforce means management can invest energy into and concentrate on moving company forward

Question 3

How does retaining and motivating staff affect workers?

Answer 3

They are able to focus on productivity and customer satisfaction without distraction of new employees having to be trained

Question 4

How does retaining and motivating staff affect customers?

Answer 4

With an unstable workforce customers me feel uneasy about that business’s standards and may buy from another business

Question 5

How does retaining and motivating staff affect investors?

Answer 5

Stability is vital to them

Make sure shareholders money is being put to good use

Question 6

How does retaining and motivating staff affect the industry?

Answer 6

Allows people to feel confident in the job stability of the industry and think it is a wise career path

If not they could seek employment in more job stable Industry’s leading to a skills shortage