In pro sports, every year there is a draft where each team gets to pick the best person for their team. With the way contracts are structured in sports, that person is usually there for 3-4 years minimum and they seem to be at the top of the class in their sport.
Unlike sports, your employees donʼt come your way in a draft; theyʼre all free agents. To recruit and retain the best people, you have to provide a benefits package that keeps them happy. Itʼs that simple — and that complicated. Because itʼs easy to overspend or underspend. Our coaches help you strike the right balance, to keep everyone in the game.
The main questions to ask are, “How valuable is my employee to the organization?” What would happen if they leave? How long would it take to recover? What reasons are we giving them to stay?
Like in sports, there are ways to structure an individualized benefit for your key people. These additional benefits would be tied to a long term plan. With the long term plan you build continuity and keep those individuals that are a key to your success.
Like in sports, you want to keep your best players as that is how you win most of the time. Let’s talk about the different options that may make sense.
“Sometimes it is just not the weekly check that keeps key employees around. What if you implemented benefits that made them feel special and appreciated?!”
John Gotschall