Strategies for Effective Employee Retention and Engagement
August 24, 2023
Engaged and satisfied employees not only contribute positively to your company’s work environment, but also drive innovation and productivity. On the other hand, high turnover rates can lead to increased recruitment costs, knowledge loss, and decreased morale among staff. Implementing effective strategies to encourage retention and engagement should be a top priority for forward thinking companies. Engagement encompasses the emotional commitment and enthusiasm your staff has towards their work and the company. It is a key indicator for performance, and companies with high employee engagement outperform those with low levels by 202%, according to a Dale Carnegie study. Retention refers to your company’s ability to