A company's employees are its greatest asset. But your best employees can be tempted by new opportunities at any time – and in any economy. That means you must consistently give them compelling reasons to stay on board.

Managers must redouble their efforts to retain top performers, especially their most tenured staff. Read tips on:

• Communication as a priority
• Recognizing excellence
• Low-cost rewards
• Professional development
• Cost-effective training
• Resisting counteroffers