How Businesses Can Better Retain Their Employees
The Startup Magazine
JUNE 14, 2023
Studies have found that employee turnover results in businesses losing over $1 trillion annually. This staggering number can affect your company’s bottom line, but by providing the right incentives, you can decrease the cost of poor employee retention. Employee Turnover Employee turnover has always been a problem for business owners, with almost one-third of employees quitting within the first six months.
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