The Beginners Guide to Employee Retention

There’s nothing more frustrating than training a promising new employee only to have him or her leave three months later. Or worse, to guide and mentor an employee for a year or three, only to have them jump to a competitor.

With effective employee retention practices, you can develop your employees’ skills and build their loyalty so they’ll want to stay with your company for the long term. There are several aspects to employee retention, and correctly executing on them will create loyal employees who’ll stick around for years to come.

Top Rated HR Software Solutions to Improve Employee Retention

If you want to improve employee retention, you’ll need an HR software solution. Here’s the best options.

  • Gusto – Best for your first 50 hires 
  • Namely – Best for businesses that have outgrown basic HR solutions
  • BambooHR – Best support for a small in-house team
  • Zenefits – Best for hands-on HR administrators
  • Freshteam – Best for shortening your time to hire

You can read our full reviews of each HR software solution here.

Quicksprout.com's complete beginner's guide to employee retention.Quicksprout.com's complete beginner's guide to employee retention.

What is Employee Retention?

Employee retention is having employees stay with your company beyond the short term. A company with poor employee retention will have high turnover, with people constantly leaving for various reasons. It can be due to poor company culture, a hostile work environment, pay that is below market rate, forced overtime, bad management, unclear expectations, or one of many other reasons.

Exceptional employee retention creates loyal employees who stick around long-term and want to continue working for your company.

The Basics of Employee Retention

Now that the definition is covered, it helps to fully understand the six core components of employee retention.



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SBA Loan vs. Conventional Business Loan – Comparing The Differences

SBA Loans provide a critical lifeline for small businesses that don’t qualify to receive funding from traditional lenders. These loans typically have manageable fees, longer repayment terms, and lower interest. However, conventional loans might still be the best choice for most small businesses. 

SBA loans take a notoriously long time to fund, not to mention the extensive paperwork and lengthy application process. So we’ve put together this detailed comparison to help you decide which loan option is better. 

SBA Loan Pros and Cons 

Pros 

  • Lower interest rates 
  • Capped interest rates 
  • Flexible loan options 
  • Longer repayment terms 

Cons

  • High denial rate by lenders 
  • Slow approval process 
  • Extensive paperwork 

Conventional Loans Pros and Cons 

Pros 

  • Faster application and approval process 
  • Fewer restrictions 
  • Multiple loan options 
  • Competitive interest rates 

Cons 

  • Shorter repayment terms 
  • Strict collateral requirements 
  • Higher debt service requirements 

Loan Type: Conventional Business Loan Wins 

Your lender must have the type of loan product or financing to suit your business funding requirements. Diverse loan options also help you compare interest rates and terms to find the perfect financing for your situation. 

The SBA has several types of loan programs, including:

7(a) Loans – This is the most common type of SBA loan. You can use these funds to cover various business expenses, including working capital, purchasing leasehold improvements, new equipment, or real estate. You may qualify for up to $5 million. The SBA guarantees up to 85% for loans up to $150,000 and 75% if you borrow more than $150,000. The typical SBA turnaround time for this type of loan is 5-10 business days. 

SBA Express Loans – The SBA offers quick loans of up to $500,000. This program covers term loans and business lines of credit (LOCs). Again, you can use this loan for most business needs, including maintaining working capital or refinancing certain types of business debts. The…

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The Beginners Guide to Employee Onboarding

Congratulations, your new hire has signed the offer letter! Now the real work begins.

Employee onboarding is the final step in the hiring process and one of the most critical pieces of employee retention.

In this guide, I’ll show you what a good onboarding process looks like, and how to set it up for your organization.

Top Rated Onboarding Software to Improve Employee Onboarding

If you want to improve employee onboarding, you’ll need onboarding software. Here’s the best options.

  • GoCo – Best for organizations growing past 100 employees
  • Lessonly – Best for training 25+ new hires per month
  • Trainual – Best for upskilling employees quickly
  • Gusto – Best for combining simple onboarding and payroll
  • BambooHR – Best single platform for recruiting and onboarding

You can read our full reviews of each onboarding software here.

Quicksprout.com's complete beginner's guide to employee onboarding.Quicksprout.com's complete beginner's guide to employee onboarding.

What is Employee Onboarding?

If joining a new company is like tying the knot, then employee onboarding is the honeymoon period.

There’s the practical side of it, such as getting paperwork in order, equipment ready to go, assigning login credentials, and getting the new employee up to speed with everything they need to be successful in their role.

But just as important is the less tangible stuff, like engaging the new hire, setting clear expectations, and getting them acquainted with the business, culture, values, and workforce they have joined.

The goal is to get your new hire operational and comfortable as quickly as possible if you want to lay the foundation for a positive—and lasting—two-way relationship.

The Basics of Employee Onboarding

The core elements of onboarding differ for every company, depending on your policies and operations, but the basic outcomes are the same—to…

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The Beginners Guide to Office Perks

Office perks can liven up the workplace and have a big impact at a small expense. When you create yours, you should start by knowing what your employees want and how it reflects your workplace culture.

Perks can help your employees enjoy their jobs even more. Here are the basics to offering them at your company.

Quicksprout.com's complete beginner's guide to office perks.Quicksprout.com's complete beginner's guide to office perks.

What are Office Perks?

Office perks, sometimes called fringe benefits, are non-wage offerings for employees. In other words, they’re not the same as benefits like insurance and paid leave, or bonuses given out as rewards for performance.

Office perks relate more to company culture, and they look different for every business. That makes them somewhat difficult to define, but they should reflect and support the work experience you want to build for your employees.

They’re not meant to be used to distract employees from bigger issues, like leadership problems, or to relate directly to employees’ work at all. Instead, they should improve employee well-being and support your team in their work and lives.

The Basics of Office Perks

Office perks come in many forms, and the ones at your company won’t look the same as those at someone else’s.

Here are a few things you should know about office perks before you decide what to offer.

Purchasable Perks

As the name suggests, purchasable perks are those you can buy for your employees.

Many people know these as catered lunches or company outings, but they can extend beyond that. Purchasable perks can include gym memberships, dry cleaning services, professional education opportunities, student loan forgiveness, and any other things that require dipping into your company budget to offer.

For these types of offerings, perk stipends allow your…

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The Top 5 Best Keyword Research Tools – In-Depth Reviews

Want to know our top pick? The best keyword research tools for most are Semrush and Ahrefs.

Organic search is the number one source of web traffic, taking up a share of 53.3%. Hence, this is where your focus needs to be if you want to solve any traffic problem you might have. 

A good keyword research tool will help you uncover tons of terms that you can target to attract more visitors. It’ll help you assess where you stand in the rankings and you’ll be able to smash competitors with your SEO strategy

The Top 5 Best Keyword Research Tools

  • Semrush – Best for Competitor Analysis
  • Ahrefs – Best for SERP Analysis
  • WriterZen – Best Keyword Tool for Content Marketing
  • SEO PowerSuite – Best for Local Keyword Research
  • Mangools – Best for Generating Keyword Ideas

Take a look at our rundown of the best keyword research tools for different goals and SEO strategies:

Semrush – Best for Competitor Analysis

  • Close keyword gaps
  • Gather search landscape insights
  • Highlights best keyword opportunities
  • 10 free searches per day

Try for free

Analyzing competitor keywords is beneficial on several levels. First, you gain insight into the tactics of competitors. You can adopt similar tactics yourself in order to compete.

Furthermore, you see where the strengths and weaknesses in their SEO strategy lie, allowing you to find and close any keyword gaps. This refers to the keywords they may be missing on their site that you can use to gain an edge.

Semrush is an excellent tool for competitor analysis as it allows you a detailed look at the market and search landscape as a…

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WordPress Alternatives and Competitors – 2022 Review

WordPress Alternatives and Competitors – 2022 Review Quick Sprout LogoQuick Sprout Logo This website uses cookies to improve your experience. We’ll assume you’re ok with this, but you can opt-out if you wish.Accept

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How to Grow Your Email List

Want to just get started? Click here to sign up for Constant Contact and start growing your list today

Having a big email list can lead to more sales, followers, and market research. 

But with so much competition, it’s hard to convince people to part with their email addresses. 

If you can learn how to get people to subscribe to your list, you’ll have a growing database of potential customers or followers that can’t be taken away from you. 

Email marketing also has one of the highest ROIs of any marketing, and you can use your list to do market research for better content and products.

The Top-Rated Email Marketing Platforms to Help You Grow Your List 

If you want to grow your email list, you’ll need to start with a great email marketing service that helps you manage your subscribers. Here are our top recommendations: 

  • Constant Contact — Best overall
  • Sendinblue — Best for growing your customer base
  • MailerLite — Best for the essentials at an affordable price
  • Omnisend —Best email and SMS marketing combo
  • Moosend — Best for ecommerce
  • AWeber — Best value for low subscriber count
  • GetResponse — Best for automated lead generation
  • HubSpot — Best for automated email marketing
  • Drip — Best for new ecommerce businesses
  • ConvertKit — Best for influencers, bloggers, and creators

You can read our full review of each email marketing platform here

4 Steps To Getting More Subscribers for Your Email List 

The more subscribers you have, the higher your chances of achieving goals – whether you want more sales, more followers, or better audience insights. 

Here are the best ways you can grow your email list organically: 

  1. Offer an Incentive 
  2. Invite People to…

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Secured vs. Unsecured – Comparing The Differences

Securing external funding is part and parcel of operating a small business. The two main options are secured or unsecured small business loans. While unsecured loans have advantages, secured loans are the better option for most people. 

Secured loans are more accessible, offer higher borrowing limits with lower interest rates, and can be paid back over an extended period. This post covers everything you need to know about secured vs. unsecured business loans to help you make an informed decision. 

Secured Small Business Loans Pros and Cons 

Pros

  • Lenient credit score requirements
  • Larger borrowing amounts
  • Lower interest rates
  • Longer repayment periods 
  • Easier to access 
  • Possible tax benefits 

Cons 

  • Slower to fund 
  • Risk of losing business assets
  • Requires collateral 

Unsecured Small Business Loans Pros and Cons 

Pros

  • No physical collateral required 
  • Quicker to fund 
  • Simpler application process
  • Builds credit history 

Cons 

  • More difficult to access
  • Higher interest rates 
  • Smaller borrowing amounts
  • Shorter repayment period 
  • Potential personal guarantee or UCC lien requirements

The 11 Best Business Loans for 2022

The Quick Sprout team has done a lot of research into where to get the best business loans right now. The top 11 are below and you can read our in-depth reviews on each to see which might be the best fit for your business needs.

  • Bluevine — Best for established businesses seeking lines of credit up to $250,000.
  • Lendio — Best small business loan marketplace with 75+ lenders.
  • OnDeck — Term loans and lines of credit for business owners with a 600+ FICO score.
  • Fundbox — Best for new businesses in need of inventory or supplies from vendors.
  • Funding Circle — Best small business lender for loan terms up to five years.
  • Kabbage — Best for businesses with low monthly or annual revenue.
  • Lending Club — Best P2P lending marketplace for business loans.

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Business Loan vs. Business Line Of Credit – Comparing The Differences

Many business owners may require an external source of financing at some point. Whether you’re launching a new business, bridging a cash flow deficit, or expanding a business, it’s essential to consider your financing options carefully. The two most popular options are taking a business loan or applying for a business line of credit.

A business loan is the best option for most people. It allows cash-strapped small businesses to finance a significant investment, a major acquisition, or expansion, usually with fewer limitations and lower interest rates. However, the comparison isn’t always this cut-and-dried.

Read on to find out which financing option suits your specific business needs. 

Business Loan Pros and Cons

Pros

  • Extended repayment periods
  • Lower interest rates
  • Receive a lump sum upfront
  • Predictable payment plan

Cons

  • Slow to fund
  • Rigid repayment terms
  • Stricter credit score requirements

Business Line Of Credit Pros and Cons

Pros

  • Flexible repayment structure
  • Generally easier to qualify
  • Quick funding times
  • Ongoing access to capital

Cons

  • Lower borrowing amounts
  • Shorter term length
  • Higher interest rates

The 11 Best Business Loans for 2022

No matter your company size or capital needs, we’ve identified the top 11 best business loans available. Read our in-depth reviews on each to see which might be the best fit for your company and future plans.

  • Bluevine — Best for established businesses seeking lines of credit up to $250,000.
  • Lendio — Best small business loan marketplace with 75+ lenders.
  • OnDeck — Term loans and lines of credit for business owners with a 600+ FICO score.
  • Fundbox — Best for new businesses in need of inventory or supplies from vendors.
  • Funding Circle — Best small business lender for loan terms up to five years.
  • Kabbage — Best for businesses with low monthly or annual revenue.
  • Lending Club — Best P2P lending marketplace for…

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Email Signature Ideas

You may have heard the term email signature, but that doesn’t mean you have one (or that you even know what it means) 

An email signature is the little section at the end of an email you use to sign off. Obviously, you can just sign your name, but you may have noticed that most professionals include things like a headshot, website, social media links, or a job title.

Not only does this look more professional, but it also makes it easier for people to interact with you and your brand, especially if you include links to your website, your socials, or any projects that you’re currently working on. It’s a great way to establish your brand, and do a little bit of free marketing every time you send out an email. 

Using an email signature also combines a personal touch with professionalism, which leads to trust. In a world of AI and spam emails, a signature with a headshot helps people take you seriously. This is particularly important if you are cold emailing or pitching and you actually want to get a response.

Plus, having an email signature saves you a lot of time. You have an automated way to end every email that already includes your contact info, your name, and links to learn more about you.

However, not all email signatures are created equal – and getting yours right can help you build a better reputation and connect with the right people. We’ve put together some tips and strategies for creating an email signature that consistently wows recipients. 

Below are seven tips for creating a great email signature. 

1. Find the Signature Settings in your Email Account

Chances are, whatever email provider you currently use offers email signatures.

These won’t all be heavily designed or aesthetic, but…

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