Employee retention is important to organizations for many reasons. There are well-known costs associated with employee turnover including financial costs attributed to acquiring new talent, the loss of intellectual capital when an experienced, highly-skilled employee leaves and diminished company morale which has an impact on customer service and performance. Although managers tend to know the importance of employee retention, there are 3 myths managers tend to have that must be busted. Those myths are...
Myth 1: Employee Retention Means Holding on to Employees Forever - Employee retention means keeping good employees for the most appropriate amount of time for… >>>