What’s the best way to retain employees?

Fred Wilson (Co-Founder and Partner at Union Square Ventures)
MBA Mondays: Retaining Your Employees – AVC

There isn’t one secret method to retain employees but there are a few things that make a big difference. 1) Communication – the single greatest contributor to low morale is lack of communication. 2) Getting the hiring process right – a lot of churn results from bad hiring. 3) Culture and Fit – Employees leave because they don’t feel like they fit in. 4) Promote from within. Create a career path for your most talented people. The best people are… (read more)