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Ever since the COVID-19 pandemic and the subsequent onset of The Great Resignation, improving employee retention ranks as one of employers’ main concerns and priorities. Companies are investigating how to best encourage employees to stay put for as long as possible so they can maximize their return on investment in recruiting, hiring and training top talent.
As it turns out, there’s a critical link between employee development and retention.
According to a Society for Human Resource Management (SHRM) Research Institute report, 61 percent of human resources (HR) professionals cite lack of development and career advancement as the second most common