employee retention
Keeping workers around
Employee retention is keeping workers at a company rather than losing them to resignation or competitors.
Organizations focus on retention through compensation, workplace culture, and advancement opportunities.
High turnover is costly, so HR departments track retention rates and implement strategies to reduce attrition: The new benefits package improved employee retention significantly.
- job satisfactionContentment with one's employment
- career developmentAdvancing in one's profession
- professional growthWork-related skill improvement
- golden handcuffsFinancial incentives preventing departure
- turnover rateEmployee departure frequency
work-life balance · organizational culture · succession planning · flexible work arrangements · remote work · loyalty · burnout · benefits packages · wellness programs · job stability · open door policy · benefits · job security · performance reviews · exit interviews · two weeks notice · talent pipeline · signing bonus
- leadershipleadership styles, leader, leadership skills, boss, leading
- HRhiring, human resources, recruiting, HR, onboarding
- staffingstaffing, turnover rates, hiring, staffing firm, staffing agency
- workplace psychologyorganizational culture, job stress, office politics, micromanagement, workplace stress
- managementmanagers, management, executives, boss, supervisors
- workforceworkers, employees, labor force, employer, worker
employee retentionemployee turnover
Rate workers leave jobs
staff turnover · attrition · churn · talent drain · brain drain
employee retentionrecruitment
Seeking new personnel
talent acquisition · hiring · staffing · onboarding · headhunting