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What is more important, hiring or retention?

Johnny C. Taylor, Jr. is quickly becoming one of the most sought after keynote speakers in the world. Audiences from the United States to Australia all agree that his speeches are deeply inspirational. His enthusiasm is contagious, and his delivery is dynamic.

We had a chance to catch up with Johnny and in this series, we’ll be discussing HR and more specifically how it relates to small business and business networking.

What is more important, hiring or retention?
Neither is more important than the other. It makes no sense to spend $100,000 to find an employee and then not focus on keeping him/her happy and engaged.

Employers must put a significant effort into finding the best people. But an equally (and in some cases larger effort) must be undertaken to retain these people.  Even in this tough economic environment, your “stars” will have an opportunity to leave you for better opportunities.  So, getting them in the door may actually be easier than keeping them.

You can learn more Johnny and his new book The Trouble with HR at his website

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