Evolution: Recruit, Develop, Improve
Love the Ones You’re With
In today’s tight talent market, employee retention is a powerful tool that too often gets overlooked in talent acquisition strategies. Instead of constantly seeking new hires, a focus on keeping your top performers can help reduce the strain and cost of hiring.
Recent data from Gallup shows nearly half of employees are actively looking for new jobs, with 77% leaving within just three months of beginning their search.
Poor communication can lead to unnecessary departures. Employees who don’t feel comfortable voicing their concerns may quietly disengage and seek new opportunities.
Managers often play a significant role in retention. By helping managers to recognize and address signs of disengagement early, organizations can build stronger teams.
We’ve come up with practical steps to counter the trends above. By focusing on retention as a part of your talent strategy, you’ll see benefits beyond just reduced hiring costs.
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