Employee Retention: Why is It Important?

The art of keeping your employees after you have hired them is called employee retention, and it will be more crucial than ever in 2022.  You might wonder why, and the answer is that we live in a post-covid era where many startups perished. Still, only a few startups and large multinational corporations benefited from the pandemic.  Employees realized the value of their skills at this time and were aware that if they were skilled enough, they could land jobs at the best companies in the world. Employees realize the importance of extra incentives and advantages that their skills can earn, and they are ready to hop on to an organization that agrees with their terms and conditions.  As a result, businesses are beginning to recognize the benefits of being a “people” company in terms of competitive advantage.  Understanding employee retention risks and