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.

"Coleman Professional Services believes that supporting our employees in a modern and clean work environment can only lead to better services to our customers. We are proud of our employees and we are very proud of being recognized as a Psychologically Healthy Workplace Award Winner."

Nelson Burns
CEO
Coleman Professional Services