Ep760 | 5 Staff Retention Strategies That Work

In this episode, Dr. Danny discusses essential strategies for retaining staff in service-based businesses, particularly in physical therapy clinics. He emphasizes that growing a business depends on both people and space, with the right team being crucial for delivering high-quality service. Dr. Danny shares six key retention strategies:

1. Stable Pay – Consistent compensation fosters financial security and reduces turnover.
2. Positive Culture – Building a supportive, enjoyable work environment where employees feel connected.
3. Business Growth – Engaging employees in growth can boost motivation, though excessive change can be overwhelming.
4. Title Changes – Providing titles like “Clinic Director” can increase employee pride and future career opportunities.
5. Profit Sharing & Equity – Profit-sharing can incentivize loyalty, while equity should be reserved for dedicated, long-term partners.

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