How Employee Retention Benefits Can Pay Off Big Time

Employee retention is a critical aspect of any successful business. It refers to the ability of an organization to retain its employees over a certain period of time. High employee turnover can be detrimental to a company’s bottom line, as it leads to increased recruitment and training costs, decreased productivity, and a loss of valuable institutional knowledge. On the other hand, organizations that prioritize employee retention can reap significant benefits. In this article, we will explore how employee retention can pay off big time for businesses.

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