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Employee Retention

Employee Retention

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definition

Employee retention measures how capable companies are of keeping their employees, as well as the steps they take to do so. It refers to specific outcomes, as well as the strategies behind them.

signs you have an employee retention problem

As a percentage, healthy employee retention rates vary by company and industry. However, if your company is scrambling to cover for a constant stream of departures, or if HR is forced to roll out the same training and onboarding programs again and again to get new hires up to speed, it's likely that your organization has an employee retention problem.

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