To retain superstar employees, companies must look beyond competitive salaries and examine the flexibility of work conditions. Instead of focusing solely on financial incentives, managers should assess which aspects of a job can be customized. Not everything requires modification, but understanding which elements can be rearranged could lead to significant improvements in employee satisfaction. Small adjustments, like scheduling flexibility or task reallocation according to a person's strengths, can greatly increase a high-performing employee's commitment and success, proving beneficial for both parties.
Money is interchangeable, but custom work conditions are unique. Focusing on negotiation beyond salary can help retain superstar employees.
Unbundling the package of job requirements allows managers to rearrange elements to create a more satisfying role for high-performing employees.
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