employee retention

Employee retention is always a top concern for organizations. And it should be! The numbers speak for themselves. Companies lose 18% of their workforce to turnover each year. That is almost one out of every five employees. Some turnover is involuntary (layoffs, termination, etc.) But 12% is voluntary, and the overall cost of voluntary employee turnover amounted to over $1 trillion in 2022 alone. In this post, we look at four ways to improve employee retention and how each can…

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