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3 Tips for Decreasing Employee Turnover in Your Small Business

One of the biggest problems that both small and big business owners currently face is the increase in the overall employee turnover rate. Statisticians have even termed the current surge in turnover as the Great Resignation, especially in America where corporate jobs seem to be taking a hit.Ā
However, small businesses are the worst affected by this for two reasons. One, they donāt have the funds to deal with a huge turnover rate and two, they also donāt have the resources to constantly hire and retrain new employees. When money, manpower, and time is a constraint, itās important to do everything you can to keep the business running.Ā
In this blog, weāre going to cover some of the lesser known aspects of managing employee turnover and how you can decrease that in the upcoming months and years – letās get right into it.Ā
1. Find the root cause of the problem
This is the first thing youāll need to do when you start noticing an increase in turnover, or at least predict that itās going to increase in the upcoming months.
Figuring out why a majority of your employees are unhappy, or are looking to switch to another workplace can help you narrow down on the root cause of the problem, and then think of ways in which you can eliminate the problem or fix the issue your employees are facing.Ā
However, if you skip this step, you may end up giving your employees solutions for problems they arenāt facing, while completely ignoring the main problem at hand. At the end of the day, you would have invested time and energy in solving problems that didnāt exist rather than focusing on the problem at hand.Ā
Some of the best ways to find out what some of the honest problems employees are facing are by taking regular anonymous surveys and also communicating with them about their fears, doubts, and questions.
Having weekly Town Hall sessions has been proven to increase employee engagement, especially because they feel like their voice and problems are being heard rather than just filling in endless surveys online.Ā
2. Employee recognition
Itās a great idea to implement an employee recognition program if you donāt already have this in place. By recognizing your top performers and hard working employees, youāre helping them feel appreciated for their efforts while also motivating them to continue giving their best for the company.Ā
In most cases, employees quit their jobs when they no longer feel recognized or start feeling burned out. However, with the help of thoughtful gifts and tokens that you can find on sites like Ablerecognition.com, youāll be able to fix this issue in no time.
Some of the best ways to reward your employees while also making sure that others donāt feel underappreciated is by being completely transparent with your rating system.Ā
Whether youāre awarding them for their consistently great performance, highest sales success rates, or simply for completing a project that did really well that year – be very specific and open about how the decision was made.
This will not only make them feel more proud about their achievements, but will also prevent others in the company from feeling left out or like their work wasnāt noticed. You can also be open about it during performance reviews and talk to your other staff on how they also stand a chance of winning such awards based on a few changes in their performance.Ā
All in all, it can be very useful when it comes to building a healthy work environment where people feel like their work is actually noticed and appreciated.Ā
3. Make sure managers are approachable
Very often, itās not the company that makes people leave but their specific managers who donāt treat them right. You may pride yourself on having a great work culture and environment, but you also need to have a look at how different managers are running their teams.Ā
With the onset of the pandemic in 2020, the traditional work culture went through a huge shift and flexibility became the norm. Right now, employees have become accustomed to flexible routines for over 3 years and expecting them to go back to rigid restrictions can make them want to shift to a healthier environment.Ā
To avoid unhappiness in the workplace, make sure managers are generally flexible and lenient when it comes to letting employees work from home a couple of days each week, and also allow them to go on vacation or take days off if they need to.
Taking paid time off is part of their package, and as long as it isnāt being abused, they should be allowed to use their leave days before the year ends.Ā
Concluding thoughts
It just takes 3 things to ensure that your employees are satisfied and will not look to move anytime soon:
- A good work-life balance
- Recognition for a job well done
- Approachable management and flexibility when it comes to remote work
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The bizarre story of Taro Tsujimoto

The National Hockey League (NHL) has seen its fair share of strange moments, but few compare to the bizarre and hilarious tale of Taro Tsujimoto, a player who never existed. His “selection” in the 1974 NHL Draft remains one of the most legendary pranks in hockey history. If you want to wager on actual players, making the 1xBet app download is definitely a great idea.
In the 1970s, the NHL Draft was a much less glamorous event than today. It was a tedious process conducted over the phone, with teams calling in their picks. The 3 biggest highlights of what happened during that yearās draft were:
- the draft dragged on for hours;
- there were multiple rounds and teams selecting unknown prospects from obscure leagues;
- frustrated with the monotony, Buffalo Sabres general manager Punch Imlach decided to have a little fun.
As the 11th round approached, Imlach instructed his teamās representative to draft Taro Tsujimoto, a supposed forward from the Tokyo Katanas of the Japan Ice Hockey League. The name sounded authentic enough. The league officials, unfamiliar with Japanese hockey, accepted the pick without question. By downloading the 1xBet app you will also be able to wager on great NHL teams too.
A small problem
There was a small problem with all of this, as 2 things didnāt exist: Tsujimoto and the Tokyo Katanas. Imlach had completely fabricated the player as a joke, taking advantage of the NHLās lack of verification. When it comes to NHL wagers, there is no better platform than the 1xBet Canada site.
For weeks, the league listed Tsujimoto as an official draft pick, and even some newspapers reported on Buffaloās mysterious new Japanese prospect. Eventually, the Sabres admitted the hoax, and the NHL was forced to retroactively erase the selection from its records.
Despite being a fictional player, Taro Tsujimoto took on a life of his own. Buffalo Sabres fans embraced the prank, and over the years, his name has become a cult legend in hockey culture. Some fans even wore jerseys with āTsujimotoā on the back. The joke persisted so much that when EA Sports released NHL video games, players could occasionally find Tsujimoto in the gameās draft pool as a hidden Easter egg.
More than just a prank, the story of Taro Tsujimoto highlights 2 things: the quirks of old-school sports management and the creativity of one of hockeyās most colorful executives. Today, with the draft process being highly scrutinized and broadcast live, such a prank would be impossible. But Tsujimotoās legacy lives on as one of hockeyās greatest inside jokes. What is not a joke are the great rewards that a platform like the Canadian 1xBet site can give you.
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60% of Canadians gamble each month – why the industry is going from strength to strength

When it comes to regulating gambling, Canada has a somewhat relaxed approach. The Canadian Gaming Association oversees the industry, but itās up to individual provinces to enact and enforce any laws relating to online casino gaming, sports betting, traditional casino gaming, and other forms of gambling.
Canadaās online casino gaming laws are not totally clear, but individual provinces are starting to put this right. Ontario was the first and did so when it launched its own regulated igaming market in April 2022. Now some other provinces have followed suit, creating a safer igaming environment for players in those provinces. Below is a look at gambling in Canada compared to other parts of the world, at gaming laws in Alberta compared to other provinces, and at the future of the Canadian, US, and UK gambling industries.
Canada: a forever love of gambling
Gambling in some form or other has always been popular in Canada. Way back in the 1990s, research found six in ten Canadians (60%) gambled every month. Additionally, four in ten (43%) spent between 1 and 20 Canadian dollars on gambling. Fast forward to today and the Canadian gambling market is worth 14.2 billion US dollars as of January 2024, according to data on the website of consumer and market data company Statista.
It seems Canada enjoys wagering just as much as two other countries that love a gamble: the US and the UK. Data on the Statista website shows that 49% of US adults took part in gambling activities in 2023. Fifty-six percent said their attitude towards gambling had relaxed, compared to the 50% of 2019.
The UK returned similar stats for the same year. Forty-eight percent of adults reported engaging in gambling activity. Online casinos generated the most gross gambling yield in 2023, but it was the nationās National Lottery that people played the most.
Alberta: following Ontarioās lead
The regulatory developments in Ontario have triggered movement in Alberta. In May 2024, Bill 16, the Red Tape Reduction Amendment Act, made it through the process and later received Royal Assent to become law. The act removes the monopoly of gaming by a single government entity and will allow private operators, licensed by Albertaās provincial regulator, to provide online gaming services in Alberta, meaning players will have a choice of more than one Alberta online casino to play at.
The regulation transforms Alberta into one of the more liberal provinces when it comes to online gambling, others being Quebec, Ontario, and British Columbia.
Several provinces, such as Novia Scotia and Northwest Territories, have no provincially regulated online gaming sites. Some also restrict betting on horse racing and/or other types of sports betting, obliging citizens to use international betting sites for freedom from caps and betting on as many events as they wish.
What lies ahead for the Canadian, US, and UK gambling industries?
Canadaās appetite for gambling is clear, and the industryās online sector is beginning to thrive. Ontario has enjoyed vast success by creating its own regulated market, one which, in just its first year, saw Canadians place billions in wagers and the industry itself generate more than a billion in total gaming revenue.
Canada can expect to see other provinces follow Ontarioās lead and allow private operators to provide services in the province under license. The purpose of the regulation is player protection. Any province that develops a regulated market will focus on this, so there will also be regulations around the advertising of gambling services.
The US
Gambling online is the future for the US, too, although states are slow to legalize it. As of September 2024, 38 states had legalized sports betting, following the US Supreme Courtās ruling that states could regulate sports gambling directly.
Despite allowing sports betting, some states only permit in-person betting, and only a few states allow online casino gaming. Operators believe online casino gaming is the future of gambling.
The UK
In the UK, the use of artificial intelligence (AI) will get bigger and bigger. Companies have realized AI can enhance playersā experience and are embracing it more and more. For instance, sports betting websites can use it to crunch data and provide iGamers with stats and other data to make better betting decisions. Theyāre also understanding they can use AI to prioritize content players are likely to be interested in and to personalize their offerings and services to playersā preferences.
Canada enjoys gambling as much as America and the UK. Although laws around igaming are more of a grey area in Canada, some provinces are clearing the issue up by creating regulated markets and experiencing great success. As time goes by, more are sure to follow.
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