Retaining Talent II

many long-term personnel can be persuaded to stay involved with the business via flexible working arrangements. 

At the same time that  a new generation is entering the workforce, the aging of the existing workforce creates its own unique set of retention challenges.  Fortunately, retaining these valued employees is no longer an "all or nothing" proposition.

Given lingering uncertainties in the economy, declines in the value of retirement funds, drops in home prices, and an interest in staying more active and engaged, many long-term personnel can be persuaded to stay involved with the business via flexible working arrangements.  Such arrangements can include working on select days of the week or during set hours of the day, or may be structured more along the lines of consulting arrangement, with individual skills employed on an as needed basis.

ACTION POINT: These scenarios are truly win-wins for distributors and their employees.