Retention: Learn the meaning of retention

Learn the meaning of retention as the action of keeping something or remembering things. Find out how to use retention in different contexts and see synonyms and related words. What Is Employee Retention ? Employee retention refers to an organization’s ability to hold on to its people and reduce turnover. Employers can improve their retention numbers in several ways, including by offering competitive compensation and benefits, creating a positive workplace culture, giving workers some flexibility with where and when they work, formally recognizing high achievers, and promoting work-life balance. Key Takeaways Implementing employee retention strategies is essential ... What is employee retention ? Employee retention refers to the strategies organizations use to prevent employees from leaving. It's crucial to maintain a high retention rate, as high turnover can be costly and impact team morale. Effective retention involves competitive benefits, a positive work environment, and growth opportunities. You can use retention to mean the ability to keep or hold. If you have extraordinary powers of retention , you remember everything you hear or learn.