As a business owner, you know that turnover is expensive and stressful. Every employee is an investment for your business, and it can be difficult to see one go. Plus, the process of recruiting and hiring a replacement can take your attention away from running your business, resulting in lost productivity and revenue.
If you’re in an industry that’s known for turnover, the problem is even worse because it can lower the morale of the employees that stick around, increasing the likelihood of even more turnover.
It’s no wonder that two big questions on every employer’s mind are: