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Quality employees are hard to find. When a company invests considerable time and money in bringing a new employee on board, they want to be assured that they have done everything possible to promote longevity with the company.
All employers with one or more employees should be concerned with employee retention.
Employers have many options for increasing employee retention. Many of the choices may depend on company policy or culture. Retention can be approached in a formal or an informal way. The most important thing is that employee retention is an important part of the continued success of any business and it must be addressed by all management personnel in a positive manner.
Several aspects of company policy and culture affect employee retention, including: