A Comprehensive Guide To Employee Retention
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This guide is designed to help you retain your best talent and decrease turnover in your organization.
Here’s why you need this guide:
What’s Inside this Guide to Employee Retention?
Overview
Are you constantly struggling to retain the best talent in your organization? Do you feel directionless when building an employee retention plan? If yes, then this guide is here to introduce you to the most effective employee retention strategies. You can easily combat employee turnover by adopting these employee retention strategies that can both attract and retain key employees.
Key Takeaways
- A simple formula to calculate your employee retention rate.
- Employee turnover has far reaching business implications, ranging from brain drain, strained customer relationships, low team morale, etc.
- Organizations often don’t take into account the added cost and time spent on hiring, onboarding, and training a new employee.
- According to the Work Institute’s 2017 Retention Report, it costs as much as 33% of an employee’s annual salary to replace them.

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