Employee Retention Process in which the Employees are encouraged to remain with the organization for the maximum period of time.
Employee Retention Companies that lose top performers may not only experience declines in productivity but also incur significant costs in replacing these professionals.
Effective Employee Retention Strategies Intelligent Employers always realize the importance of retaining h best talent. Retention of key Employee is critical to the long term health and success of any organization.
Retention Strategies Communicate Effectively With the Employees Encourage your Employees to share their concerns with you and in turn share your concerns with them. This fosters openness and trust between all parties involved.
Retention Strategies Search for Ways to Redeploy Employees It doesn't make sense, financially or otherwise, to get rid of valuable employees during an economic downturn. Instead, shift these workers to other areas that are still performing well
Retention Strategies Make Wiser Choices When Hiring Employees Consider the corporate culture that this prospective employee must fit into and determine if there is a match.