Money, management, and engagement drive retention
The article argues money alone does not ensure loyalty. It highlights three motivators—stimulating work, supportive management, and work life balance—for all generations. It notes Canada’s tight labor market pushes small firms to focus on engagement to attract and keep skilled staff, with Gen Y posing both challenge and opportunity.
MENTIONED IN THIS ARTICLE
Andrée Mercier
Global Human Resources
Hewitt Associates
Canada
Western
North America
Improve morale with precise job specs and team recognition
Emphasize accurate job specifications to boost motivation and performance. Reinforce team spirit by recognizing employee contributions through dinners, sports events, and informal home gatherings. Pair new hires with a buddy during orientation to ease integration and support.
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Chetwynd
Business Development Bank of Canada
A Hewitt Associates
Mary Karamanos
Mercier
Generation Y Generation Y
Yaa Reli Bom Alee
Lake View Credit Union
Dawson Creek, Chetwynd & Tumbler Ridge
51St Street
VOC
Fox