We have all heard about those top companies that everyone wants to work for. So, what is the secret sauce that makes those organizations so desirable? Usually, an important part of the business is an excellent organizational culture. Putting teams first leads to loyal, happy employees.

I may be dating myself here, but if you're old enough to remember the days of ICQ and MSN Messenger, then you'll appreciate this one. Imagine for a minute if one day, you heard of this cool thing called Myspace. You could upload photos, videos, connect with other people, and become "friends".

According to research, the average cost to replace a mid-level employee can be more than 20% of their salary and up to 213% for executive positions! When you take into account that 33% of new hires leave their jobs in the first 90 days, it really starts to add up.

Hiring and retaining smart, creative talent is perhaps one of the greatest challenges businesses face today. In a world where talented employees are your most valuable asset, it’s no surprise that top talent seeks out great employers.

In recent weeks, the job climate has changed and if one thing is certain it's that there’s little to suggest that things will go “back to normal” any time soon. Though many business owners were forced to make staffing changes, there are equal amounts of small and medium-sized businesses that haven’t slowed down. The need for qualified and exceptional talent is still important for a large percentage of business owners.