How to stop your employees leaving for a better paid job

It’s a common scenario, employee gets a job with a small company, they get excellent experience, become a valued employee, and then they leave for a bigger salary than you can afford. So how exactly do small businesses and new ventures attract and retain talented employees even when they can’t match the wage?

In this article, I highlight the employee engagement and development practices used by the founder of Shaadisaga (India’s largest growing wedding planning platform), Mr Himanshu Kapsime. Shaadisaga started in 2014 with one man and his idea to profitably streamline the huge Indian marriage market. Two years later and Shaadisaga was already India’s largest growing wedding planning platform with a team of 25 individuals, funding from the largest marriage portal in India and had  organized around 10,000 weddings. What enabled Shaadisaga’s success? “Our team of committed and motivated people”, says Himanshu.

Below I outline the five factors which have enabled Shaadisaga to successfully retain its talented and valuable employees.

Make your staff partners of your growth story