Retain Your Great Employees. Here's How and Why It's Necessary
Excerpt from an article by Arihant Patni
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"Managing Director at Hive Technologies Key employee retention is critical to the long-term health and success of your business. Retaining best employees ensures customer satisfaction, product sales, satisfied coworkers and reporting staff, effective succession planning and organizational knowledge and learning.
As job hopping is increasingly becoming the norm, thanks in part to a workforce comprised of more millennial's who are likely to have twice as many jobs over their lifetimes as their predecessors, the baby boomers, let’s take a look at some key takeaways on how you can retain your best employees.
Financial stability motivates people to stay in a job, that’s human nature. Apart from this, health care and insurance concerns also add to the list. What you offer your employees must be comparable to other businesses in your industry."
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