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Many businesses, industries and sectors across the world struggle with employee retention, and it has become necessary to re-evaluate the relationship between employers and their staff members to try and reverse the trend. No matter how the broader community views its importance, motivational incentives to work hard and improve are crucial in any position. A direct correlation can be found between employee satisfaction and retention and those effects, which include:
Engaging training methods that provide career challenges and aid advancement Opportunities to advance Competitive wages Benefits Supportive work environments
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Other factors affecting