What are the objectives and goals of employee retention ?

While hiring employees is a relatively easy task, it is not a painless task to retain them – and to retain them happily. Employee retention is simply defined as the ability of an organisation to retain its employees, thereby reducing the employee turnover, whilst also promoting an active and trustworthy working environment.

The employee retention objectives and goals include a wide variety of targets, designed specifically to make the working experience beneficial and smooth sailing for both employers and employees. It instils a sense of loyalty in the employees, which in turn, adds to growth of the company. Successful companies often have a laid-out framework to achieve maximum employee retention, which not only saves them resources and turnover costs, but also helps in building a network of self-driven and talented employees. Such employees thus have the motivation to take on specialised and expansive projects, and work in line with the company culture. 

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