Techniques for reducing employee turnover rate

Employee Turnover: How to reduce

High employee turnover rates are a major problem across several organizations globally. So much is spent on recruitment and training and then the employees leave for reasons that may look inappropriate. Several times managers are in a fix over how to prevent it or reduce the churn rate since it hurts the bottom line. Retention programs are considered a solution but unless they are well designed, they can fail to achieve the desired purpose.   A high turnover rate means increased HR costs.

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