Top employee retention strategies for 2023
70% of organizations report that recruitment and training of replacement employees and overtime work of existing employees have a negative financial impact on their business until the organization can fill the vacancy. All these things are considered and estimated that a lost employee can cost an average of 6 to 9 months of that employee’s salary. Employee retention strategies are needed. Employee turnover and staff retention is a major problem and there are many factors at work, including generational… Read More »Top employee retention strategies for 2023