How Retirement Benefits Can Boost Employee Retention for Small Businesses

This is a preview. View original post on this site

Employee retention is a big deal for small businesses because people who stay tend to contribute to organizational growth. Moreover, retaining employees is more challenging than hiring them, making it critical for small companies with limited resources. Not surprisingly, 93% of business owners stress about retention rates. 

According to the Bureau of Labor Statistics, employee turnover in the US averages 4.1 years. That’s not an encouraging number for companies spending thousands to hire and train people. When you invest in employees, you expect them to stay forever. Unfortunately, the employee attrition rate in 2021 was a staggering 47.2%.

As a

Read Complete Article


Subscribe to Recruiting Headlines

* indicates required


»Diversity and Inclusion Job Board

»Free Rejection Email Templates

»RecTech PR Newswire

»HR Podcast Directory

»Recruiting Newsletters

»HR Tech News

»HR Jobs

»Diversity Hiring News

»Recruiter Ebooks