Earlier this week our PowerTips post covered building a positive company culture and a key part of that effort relies on hiring and retaining great employees.

In this week’s throw-back episode I talk about a crucial aspect of employee retention and that is how to properly welcome and onboard a new employee.

After watching this video, look at how your company welcomes new employees and explore your onboarding process. Can it be improved? Ask your newest employees if they experienced any of the scenarios that I cover in this video.

Retaining great employees not only leads to a more solid company culture, but can also be a great contributor to higher gross profits for your business.

Have you ever hired a great new employee, only to have him leave six months later? You’re not alone. According to The Society for Human Resources Management, the chances of a new hire leaving in the first 18 months can be as high as 50 percent.

With the economy heating up, many remodelers are in the market to hire. So what can you do to make certain that your new hire is in it for the long haul? Well, we know that a good onboarding process can make all the difference.

In this week’s episode, I’ll explain how new hire onboarding is one of the best ways to ensure that you keep your superstars around.

What about you?

Do you have any tips for increasing production capacity (without hiring) that I might have missed? Please share them with me in the comments below!