On March 22nd, The International Franchise Association released numbers from their Franchise Business Index, an economic index reading of the franchise industry’s health. The FBI increased to 107.7 in February 2012: this is the sixth consecutive month the index has increased. IFA has said the index was up 1.4% from February 2011.
There are a multitude of things that a franchisee has to worry about. One of the most common things put on the back-burner is what your employees really want from the job. Although getting a raise is great, it’s not always what an employee is looking for.
Finding and keeping employees with the right work ethic, experience, and commitment should be your number one priority as far as staffing goes. But what about once you hire the perfect employee: how do you keep them at your business for the long haul?