Here's my situation.. I have a respectable business in a small town. I pay the highest hourly wage around. I work the business side, but I am mostly in the field.
I only have one other technician besides me. The economy is slow. All of the local contractors are laying off technicians truthfully everyone is working a skeleton crew if any crew at all. Some contractors had to start getting their hands dirty again..
All things considered I have a good business but weather is good and times are tough. How do I keep my employee from thinking he is better off with me than trying to go out on his own (and possibly take some of my business with him) or find another contractor to work for.
I mean I certainly would never tell a guy how to live his life we all have to eat. But he's a valuable asset and I reassure him of this but he seems distant and interested in side work.
I'm thinking that they're might be nothing else to do, I mean if he decides to leave he's going to leave, and I can't afford to pay him more. I'm afraid money is the primary issue but like I said I know for a fact at least in this area he won't find a higher paying job..
Hate to lost an employee like him but what worries me more is he might be the type to try and quote "steal my business"...which I know might be complicated because customers like who they like..just seems like it might be crippling to a small business such as ours..
Might be fear more than anything..any other views?