A large number of organizations around the world struggle when it comes to retaining their employees. A significant number of organizations have lost their talented and experienced workers to some of the competing organizations in the same industry. The ability to retain employees mostly relies on a number of factors which some organizations have been unable to implement. Fortress Investment Group has been able to retain some of its talented and experienced employees who have enabled the entity to accomplish a significant number of goals.
One of the strategies that Fortress Investment Group has incorporated with the aim of retain employees is allowing workers to have a freedom of expression and speak what they think about the growth and performance of the company. The entity has incorporated a strategy where the employees of the organization have a significant influence on the growth and development of the company.
The second strategy that the company implemented to hold on to its talented workers was offering competitive packages to its workers. The financial industry requires an entity that has the capability to use its resources to maintain its workers. There are not many employees who can work professionally in a financial field due to the complexities involved. Therefore, any company that has quality workers must formulate strategies to hold them. Fortress Investment Group decided to offers it workers competitive packages with the aim of ensuring that they are not attracted by other companies.
Fortress Investment Group has for a longer period been known as a company that is geared towards innovation. The company created an opportunity where employees can come up with innovative opportunities and develop or make the operations of the company more efficient. Most of the innovative strategies that have been implemented at the company have been brought up by some of the workers who have been working at the entity for a longer period.
Lastly, Fortress Investment Group rewarded the three most influential workers at the organization with unites of ownership at the organization. Peter Briger, Randal Nardone, and Wes Edens owns more than 30% of the company. This explains why the three members were retained at the leadership positioned even after selling the company to Softbank.
To learn more visit: here.