Encounter the Difference

NZ CA is an association of independent Chartered Accounting firms, proactively working together for the benefit of our clients.

How to not loose your staff to the competition

Published: 19th June 2018

Author: www.Tradescoach.co.nz

Published in: Published in: TrialBalance | #63

Why do employees leave?                                 

Don’t like the boss / toxic environment                               

Get a (much) better offer                                                 

Feel unappreciated                                                           

No link between performance and pay                               

Talents wasted                                                                 

No prospects of advancement

Why do employees stay?             

Culture/team ethos

Incentives & bonuses

Flexibility

Training

Career path

Keys to Keeping the Right People

Keeping the right people involves little acts that will enhance performance, motivate, and maintain job satisfaction among your employees. There are four keys to employee retention that you might want to follow to achieve the aforementioned goal:

The First Key: Be a company people want to work for. Your company must establish a culture that models, encourages, and rewards commitment of employees; and at the same time, attracts prospective employees by having the reputation of a “company that people want to work for.”

The Second Key: Select the right people in the first place. Recruiting, hiring, investing, and rewarding employees with the needed talent and skill will promote mutual benefit, both on the side of the employer and the side of employee as well.

The Third Key: Get them off to a great start. Welcoming, valuing, preparing, and challenging new employees at the very beginning will give them the necessary motivation and appreciation of the work that they will embark on for the years to come.

The Fourth Key: Coach and reward to sustain commitment. Maintaining employee commitment is an essential role that management must perform. Management must recognize the employee’s results and efforts,and facilitate career growth.

 

Source: www.Tradescoach.co.nz

 

 

Related Articles

  • Auckland
  • Bay of Plenty
  • Canterbury
  • East Coast
  • Hawke's Bay
  • Manawatu/Wanganui
  • Nelson/Marlborough
  • Northland
  • Otago
  • Southland
  • Taranaki
  • Waikato
  • Wairarapa
  • Wellington
  • West Coast

Bavage Chapman Limited

Bavage Chapman is committed to forming close partnerships with their clients. This way Bavage Chapman can understand your unique situation and customise the assistance we provide to suit your needs. Their commitment to excellence is evident in the hardworking nature of our staff, and the exceptional service we offer.

Region: Auckland

Phone: 09 425 9835

Accounting HQ Limited

Accounting HQ Limited is a client focussed chartered accounting firm. We believe in supporting our clients in all their financial matters and although we are a small friendly local firm we do offer a full range of accounting services for all requirements.
Accounting HQ Limited Chartered Accountants (CA) came from the merger of the Iles Casey Partnership, Farquhar Accountants Limited and Graeme Lee & Associates Limited, Chartered Accountant practices.

Region: Bay of Plenty

Phone: 07 348 7066

Duns Limited


Founded in 1980 and based in Christchurch, we offer a complete service with industry expertise in Property Investment and Development, Construction and Trades, Professional Services, Hospitality and Tourism, Retail, Motor Vehicles Dealers and Services and Transport and Logistics.

Region: Canterbury

Phone: 03 365 0768

No firms in East Coast

BM Accounting Ltd

BM recognise that different people need different things from their accountants depending on where they are in the business life cycle. Whether you are just starting out, are established in business or ready to retire we have the knowledge and expertise to support you. Similarly our dealings with a wide variety of industries and professionals help us to understand that everyone's requirements are unique.

Region: Hawke's Bay

Phone: 06 876 7159

Naylor Lawrence

Region: Manawatu/Wanganui

Phone: 06 357 0640

Wallace Diack Chartered Accountants Ltd

Region: Nelson/Marlborough

Phone: (03) 578 7389

Whitelaw Weber Limited

Whitelaw Weber is the largest business advisory and accountancy firm in New Zealand's Far North. They have had the pleasure of working with hundreds of businesses and families for more years than they care to remember.

They have a large team of accountants and business specialists based in offices in Kaikohe, Kaitaia and Kerikeri. Their expert hubs consist of the following;

  • Technology, systems and processes
  • Business consultancy and marketing
  • Financial and investment planning
  • Compliance and administration

Region: Northland

Phone: (09) 407 7117

G S McLauchlan & Co

GSM is a Dunedin based Business Advisory and Chartered Accountancy practice founded in 1957. 

GSM pride themselves on our specialist knowledge, our ability to keep fresh in today's ever changing environment

Region: Otago

Phone: 03 477 8192

McIntyre Dick & Partners Limited

McIntyre Dick & Partners Ltd is one of the top chartered accountancy and business advisory firms in Invercargill and with a diverse portfolio of clients throughout the south including Invercargill, Te Anau, Gore, Queenstown, Dunedin & throughout Otago.

Region: Southland

Phone: 03 211 0801

Harris Taylor Limited

The Accountancy world is constantly changing and highly competitive. At Harris Taylor their challenge is to stay ahead of the competition by providing the best possible service, whilst ensuring that client satisfaction remains our primary motivation and ultimate goal.

Region: Taranaki

Phone: 06 278 5058

Candy Gillespie Limited

Since its formation in 1962 Candy Gillespie Ltd of Matamata has been at the forefront of accountancy by providing clients with broad and relevant services.

Candy Gillespie pride themselves on being friendly and accessible, and as accounting specialists our business is helping businesses successful.

Region: Waikato

Phone: 07 888 7089

Southey Sayer

Offering a full range of accounting and business development services, tailored to meet the needs of each individual client. The wide range of expertise and experience within the firm is shared amongst the partners and their teams for their clients benefit. Services and products offered are fully flexible there will be no expectation to conform to a certain product or pricing structure.

Region: Wairarapa

Phone: (06) 370 0811

BW Miller Dean Ltd

BW Miller Dean Ltd was formed on 1 April 2016 with the merger of two long standing Wellington chartered accountancy practices: BW Chartered Accountants Ltd and Miller Dean Chartered Accountants Ltd. 

BW Miller Dean pride themselves on building relationships based on trust with clients through personal, individual attention, and always being available to help their clients with specialist Accounting or Finance functions when needed.

Region: Wellington

Phone: 04 910 3340

Marshall & Heaphy Limited

Central to the culture of the team that has been developed over their history, is the belief that successful and sustainable businesses are the backbone for the West Coast community. Great businesses create jobs, keeping people and family together on the Coast, building a sustainable community.

Region: West Coast

Phone: 03 768 7186