Perhaps it won’t be wrong to say these staggering numbers are a wake-up call for organizations to take employee retention seriously. Otherwise, they will (sooner or later) experience the resource drain, high overhead costs & low employee productivity.
Now, the question is- how can organizations address these issues and reduce employee turnover for a more stable and positive work environment?
That’s the question we’ll be answering in this article. We’ll explore the latest and most effective management techniques and strategies managers can use to retain their best employees and build a stronger, more engaged workforce. So, let’s get started.