How To Deal With Attrition In a Startup Company


Bangalore: Having a strong and dedicated team is the best thing a startup can have in its life cycle. Every entrepreneur would take immense measure to understand the intellectual and emotional needs of the employees in the organization.  It is very obvious that a company can run its day to day activities only with the help of employees and it becomes an obligation for the business owner to act and react mildly to his employees. There might be various reasons for a company to face huge attrition rate which can virtually destroy the existence of the company. Entrepreneurs must be strong and deal with the situation in a more diplomatic manner.  Here are few tips on how entrepreneurs can deal with the increasing attrition rate as reported by frslabs.com

Diplomatic approach

Entrepreneurs must follow a simple technique of understanding every individual in the organization. While making decisions he must take an initiative to be diplomatic in his approach and must ensure that he doesn’t talk people out of their decisions.

Don’t be defensive

There might be heated conversations and meetings but the best thing for an entrepreneur to do is not to be too defensive because analyzing reasons for such conversations would improve the quality of the startup new members coming on board.