The New Brunswick Small Business HR CONNEXION

Checklist

6 Points To Consider
 

5. Adopt and apply FORMAL HR management practices:

Practices that have the most positive impact on retention:

Use of practice tests during the hiring process
Effective and frequent communication
Presence of prevention programs (health/safety, respect, Employee Assistance Program (EAP), stress management, etc.)
Training programs
Clear compensation policy
Pension Plan
Employers who give employees the opportunity of participating in decision making have lower turnover rates.