By Ken Gonyer
It’s been four long years since the recession officially ended, and although the stock market has rebounded, the job market is still recovering. As job prospects improve, human resource experts report that highly skilled workers in many industries are beginning to search for new employment opportunities.
Credit union leaders need to be aware of this trend, determine its cause, and understand the high potential cost of employee turnover in key positions. It’s not too late for your credit union to make the necessary changes to keep its top talent from leaving over the next few years of economic growth, and one area you should closely examine is training. Upgrades in three areas of training can significantly improve employee retention.