[Ashok Reddy]

When one of the employees resigns, it creates a new challenge for the managers which adds to their regular job. The departure of the skilled and experienced professional creates pressure on the managers to find a similar or better replacement so that the operations of the business are not affected. Not only this but it also poses a challenge in terms of its effect on the other employees of the team.

Moving forward, let’s see the importance of employee retention in business:

1. Hiring is tough

2. Investment at risk

3. One’s loss is other’s advantage

4. To retain loyalty

Read More – Importance of employee retention.