Whether you are running a small or a big company, employee retention is critical. Having good employees leave a company when you need them most is a nightmare every HR manager avoids. Not only does it destabilize a firm, but it also causes extra recruitment costs for the company. Good practices will help you boost the employee retention rate.
1. Set An Excellent First-time Impression
If the background upon which you recruit employees is faulty, it will set a pace for lack of retention. The common mistakes many managers make when interfacing with a prospective employee. Your first encounter is