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. Learn the meaning of retention in English, with examples of usage in different contexts and domains. Find out how to use retention with other words and phrases in common expressions and idioms. 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 ... Synonyms for RETENTION : maintenance, retaining, ownership, support, control, care, holding, procurement; Antonyms of RETENTION : relinquishment, dispossession ...
