This post was originally published on On Deck
A recent survey found that 93% of workers are looking for, or plan to look for, a new job in 2025. So how do you make sure your top talent sticks around?
There are all sorts of reasons why people leave their jobs, from dissatisfaction with their pay to a feeling of being stuck. For a small business, it’s a blow whenever a talented employee hands in their notice — but it’s also a vital opportunity to analyze how your company can do better at keeping your current employees happy, motivated and less likely to leave.
Higher retention rates can boost profitability, prevent high turnover, keep employee morale high and give you a competitive edge. Let’s review what employee retention means, how it works and what talent management strategies you can use to keep your best employees.
17 Effective employee retention strategies to keep your top talent.
1.Focus on culture and employee engagement. Engaged employees are more likely to stay long term, so build a workplace culture that values collaboration, recognition, and inclusion.
2. Conduct exit interviews. When team members leave your company, take the time to sit down with them and conduct an exit interview. Your employees are more
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