Hoard Your Gold
Powell, Gene, Journal of Property Management
Cultivate a workplace that attractks and sustains the best and the brightest-an asset no company can afford to lose by Gene Powell, CPM
The most important talent a manager can have is the ability to hire the best people. To capitalize on this, it is imperative you create an environment where employees stay and thrive, building your company's greatest asset-its people (the "gold").
Statistics show many companies experience a 50 percent annual employee turnover rate and it can cost more than two years' salary to replace an employee. These numbers are not indicative of an industry protecting its gold. To further exacerbate the problem, the vast majority of employees report …
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Publication information: Article title: Hoard Your Gold. Contributors: Powell, Gene - Author. Magazine title: Journal of Property Management. Volume: 69. Issue: 3 Publication date: May/June 2004. Page number: 46+. © 1999 National Association of Realtors. Provided by ProQuest LLC. All Rights Reserved.
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