Let’s face it – Good Staff who are not developed, recognised and promoted will leave anyway.
It is NOT enough to just support training for your staff and then forget about them. People work for RECOGNITION, more than monetary rewards.
So be sure to encourage staff to continually update their skills, and recognise each success by some sort of small celebration with the rest of the team.
This should be followed by an increase in RESPONSIBILITY – not necessarily a cash bonus. Good for you too. Finally you can trust someone else to do those small but important tasks which eat up your time on a regular basis.