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How Businesses Can Better Retain Their Employees

The Startup Magazine

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. Human nature is to improve and feel valued.

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4 Strategies to Reduce Employee Turnover That Work 

The Startup Magazine

Image Link: Unsplash Businesses continue to face the issues of economic downturn, an exhausted workforce, a highly competitive landscape, and employee turnover. Employee turnover, for one, has been an ongoing problem across various industries. Do you wish to steer clear of losing valuable employees? Then, keep reading.

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Improving Employee Retention To Build A Strong Team

YoungUpstarts

Do you pay attention to your employee retention rate and whether your top employees are happy? If your employees are unhappy and continue to hand in their resignation, it makes it challenging to keep the business moving forward. Continuously hiring new employees is a huge expense for a company.

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Effective Management Techniques to Reduce Employee Turnover

The Startup Magazine

Perhaps it won’t be wrong to say these staggering numbers are a wake-up call for organizations to take employee retention seriously. Otherwise, they will (sooner or later) experience the resource drain, high overhead costs & low employee productivity. What Is Employee Turnover? So, let’s get started.

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How To Improve Staff Retention 

YoungUpstarts

The post How To Improve Staff Retention appeared first on Young Upstarts. In any industry, the best talent must be retained to nurture customer loyalty, increase tips and maintain reputation. In hospitality, it's even more critical.

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Struggling With Employee Retention? Maybe You Need a New Approach

Women Entrepreneurs Can

If your company is having trouble retaining employees, it may be time to take a new approach. There are a number of factors that can contribute to employee turnover, and it’s important to identify the areas that need improvement. One of the most important factors in employee retention is training and development.

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How To Boost Retention Of Remote Employees

YoungUpstarts

The post How To Boost Retention Of Remote Employees appeared first on Young Upstarts. If you want to work effectively with - and retain - your remote team, you need to first understand their needs and wants.

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