
What are the most valuable elements of a company? For many, the answer to that question is simple, it’s the employees of the company. But with that, one of the biggest challenges facing HR teams is in attracting and retaining talent, something which in the world of HR is referred to as ‘Employee Retention.’ From a technical standpoint, employee retention refers to an organisation’s ability to keep its employees. Employee retention rate, which is the formula used to calculate the rate, can be attained by dividing the number of employees who have been in their position a year by the…
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