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Retaining skilled workers in small businesses
When you cannot match big-company salaries, what levers do you have?
17 Aug 20265 minValid until 3 Oct 2027
Measure why people leave
Exit interviews are the easiest data source.
Non-financial levers
A clear growth path, shift flexibility, training and regular recognition.
Suggested actions
- Run and record an exit interview for every leaver
- Define growth paths and training for key roles
- Benchmark key-role pay against the market
Possible causes
- No career path
- Pay gap versus market
- Supervisors' management style
Required documents
- Turnover figures for the last 12 months
- Pay and benefits structure