Improve Employee Retention
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preemploymenttest
Ongoing, First published Aug 27, 2022
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How often do employees leave their jobs because they don't enjoy working at the company anymore? If you want to improve employee retention, you should focus on improving the workplace culture. Learn more: https://blog.hirenest.com/idea-sharing-tips-that-will-improve-employee-retention/

The average tenure of an employee has decreased from 11 years in 2000 to only 7 years today. This means that companies now have to invest heavily into retaining their current workforce.
Employee turnover costs employers billions of dollars each year. In addition to the financial burden, these losses also affect productivity and morale. Companies that are able to retain their staff tend to outperform those who struggle to attract new talent.
It's not just employees that leave; it's also customers. According to a study by Harvard Business Review, customer retention rates drop by 10% after every 12 months. If you want to keep your customers happy, then you should do everything you can to ensure they feel valued and appreciated.
What is employee retention?
Employee retention refers to the percentage of employees who stay at one company for a certain period of time. It is calculated by dividing the number of employees who stayed at the same organization for at least six months by the total number of employees hired during this period. You can find out more in our article: https://blog.hirenest.com/idea-sharing-tips-that-will-improve-employee-retention/

The most important factor affecting employee retention is job satisfaction. Employees who feel satisfied with their jobs tend to remain longer than those who do not. Other factors include pay, promotion opportunities, work environment, and career growth.
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Wendizzy's Writer Room

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In this book, you'll get a behind the scenes look at how your favorite characters were born, my creative process, and the dirty details never before revealed. Tex's Camp Q&A: Come sit by the fire and ask me whatever you'd like. We can roast marshmallows, tell scary stories, and hang out in the comments like a big, happy family. Gator's Backstage Pass: A place full of secrets. Learn the-sometimes embarrassing-details on how my wildest scenes came to life, facts about the characters, the process, and myself.

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