Employee retention is one of the major problems business are currently facing. Employees are suggested to the foundation of business operations and key to growth.
Having a high employee turnover rate will not only hurt business operations, but will also impact the existing employees.
Sourcing a replacement for an employee who left abruptly can be extremely time-consuming and costly. Employee morale can decrease, and potentially trigger negativity at work.
However, if a business has low staff turnover rates, they usually thrive and experience growth.
So, as employee retention is crucial for a business to grow, here are 10 clever strategies to help you retain your employees.10 Clever Employee Retention Strategies