Here’s How To Keep Your Best Employees — Without Increasing Pay

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Dec 29, 2015
This article is part of a series called Classic TLNT.

Editor’s Note: It’s an annual tradition for TLNT to count down the most popular posts of the year. This is No. 19 of 2015. Our regular content will return on Jan. 4, 2016.

Fortune’s Leadership Insider network runs an interesting series, asking leaders a key question for response.

Recently, a question asked to Sarah Kauss, CEO and founder of S’well, asked “How do you keep your best employees?” I encourage you to read her full comments, but three options to keep your best employees other than the obvious answer of increased compensation are below.

Foster clear career paths

People want to know they have an opportunity to learn, grow and develop. “Where do I go from here?” is a very human question. We want to be sure employees’ first thought is to new or different opportunities within your company and not a knee-jerk, “grass is always greener” jump to another company.

This article is part of a series called Classic TLNT.