Tag Archives: Franchise Employees

5 Ways To Incentivize Your Franchise Employees

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5 Ways To Incentivize Your Franchise Employees, The Business of Business Podcast, Roy Barker

When researching how to sell a franchise, one of the first items you will stumble across is the importance of being able to offer a highly skilled team to your successor. However, this can be difficult to realize if your business is nothing more than a pit stop for your employees.

Unfortunately, retaining employees is more difficult than ever, with some 38 million workers quitting their jobs in 2021. The “Great Resignation” has been felt particularly acutely in franchises, many of whom have a poor track record of treating their employees well.

Therefore, if you are a franchise owner looking to buck this troubling trend, the following are 5 ways to incentivize your employees to help attract and retain top talent.