Employee retention rate is an important metric that can significantly impact your business’s prosperity. A poor retention rate can have many negative outcomes for a business, including disrupting productivity, negatively affecting staff morale, and spiraling costs. Finding, hiring, and training a new employee is not cheap. If they leave within a year, then the value of that investment declines significantly.

So, that’s the bad side of a poor employee retention rate. The question is, what can you do about it? Our collaborative blog provides a few tried-and-tested ways to nudge your retention rate in the right direction.