PHWP: Abstract Detail: How to keep good employees in a bad economy

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Title

How to keep good employees in a bad economy

Available Online http://blogs.hbr.org/goldsmith/2010/02/how_to_k...
Publication Date February 26, 2010
Author Marshall Goldsmith
Source Harvard Business Review
Source Type Blog
Summary

Focuses on some suggestions for retaining good employees even when financial constraints limit available options. The author suggests six key essentials: (1) show them respect, (2) invest in developing a high-quality work environment, (3) offer on-going training, (4) provide coaching, (5) provide them with feedback, and (6) give them opportunities to be involved in important decisions. He argues that doing these six things well can help organizations retain their top performers.

Keywords retention, top performers, respect, work environment, feedback, coaching, involvement
Reference

Goldsmith, M. (2010, February 26). How to keep good employees in a bad economy. Harvard Business Review [Online]. Retrieved March 1, 2010, from blogs.hbr.org.

"The University of Arizona is honored to be recognized by the Arizona Psychological Association for promoting a psychologically healthy workplace. Our life-cycle services and campus-wide partnerships are designed to promote resiliency and well-being for our most valuable resources-our employees."

Saundra Taylor
Senior Vice President for Campus Life
University of Arizona