Updated: Oct 7
When it comes to running a business, employee retention is a crucial strategy. When employees stay in the organisation for long-term and are satisfied with their job, it helps you save money. As a result, your company becomes more profitable. A company's retention rate is an essential metric that many companies are attempting to increase.
Companies require an engaged workforce that is satisfied with their work environment and appreciated by the company's executives in order to have a high retention rate. Retention is critical to every company's sustainability, regardless of its size. It has an influence on business culture and productivity, yet it can be difficult since it takes a significant amount of work.