A Little Appreciation Goes a Long Way

What's the number one reason that employees stay with an organization? Usually, it is simply because they enjoy working with their supervisors, according to numerous studies.

"Thanks" Post-It note with a smiley face

Building good relationships between staff members and their bosses can pay off handsomely for your company. In fact, some experts estimate that the cost of replacing an employee ranges from 29 to 46 percent of the person's salary.

The key to lowering your turnover rate is to tell employees when they've done a good job and let them know the company values them. While there are many ways to encourage a company culture that appreciates talent, here are seven effective suggestions:

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