Darius Fisher Gives Tips for Decreasing Employee Turnover
Business owners should be concerned about pleasing their clients, but, on the other end of the spectrum, they should be concerned about pleasing their employees as well. Increased employee turnover can hurt a business as much as lack of clients. According to Darius Fisher’s article on Forbes, replacing an employee can cost 30 to 50 percent of the former employees wages. That’s a lot of money to spend on replacement.
Fisher is the co-founder and president of Status Labs, an online reputation management firm. Fisher worked hard to start his own business and rise to the top of the reputation management world. Before founding Status Labs, Fisher worked as a copy-writer with Agora Publishing and as a political consultant. He had dreamed of being his own boss, and has achieved that goal as well as becoming the boss of others.
Fisher suggests in his article that it can be easy to take your employees for granted, thus causing dissatisfaction in the work place. One of the most important thing business owners and managers can do is be grateful and say thank you more often. Gratitude is free and goes a long way to increasing employee satisfaction. To add to gratitude, managers could add incentives such as gift cards or paid days off to employees for reaching company goals. Nothing is more frustrating than being clueless in the workplace. That’s why Fisher suggests creating a company newsletter and having regular meetings to ensure employees know what is going on within the organization. Of course, one of the easiest ways to keep employees satisfied is giving regular raises to those who deserve it.
Fisher has learned many important details of running a business and being a good boss since Status Labs’ beginnings in 2012. The firm has grown greatly adding hundreds of clients and more employees in the last year. Fisher has seen the company through difficulties and come out on top with some of the best employees in marketing and communications. They are able to help clients world wide with marketing campaigns or cleaning up their reputations.
More information for Darius Fisher: