How to Minimize Employee Attrition: Eight Successful Strategies
Employee attrition refers to employees leaving a company due to voluntary departure, involuntary dismissal, retirement, or internal transfer. High attrition can harm a company by losing talent and resources. To reduce attrition, organizations should build a healthy work environment, appoint effective team leaders, promote creative freedom, offer promotions, appreciate employees, and provide learning opportunities. Additional strategies include conducting anonymous surveys, exit interviews, and onboarding feedback sessions to gain insights and improve employee satisfaction.
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