What is Retention Strategy?

Retention strategies refer to policies companies follow in order to retain employees and reduce turnover and attrition and ensure employee engagement.

Hire with remarkable speed and efficiency
Applicant Tracking, Recruitment Marketing, Sourcing and Talent CRM software are powerful alone, but unstoppable when used together!
Request a demo

what-is-retention-strategy

Retention strategies definition

Retention strategies refer to policies companies follow in order to retain employees and reduce turnover and attrition and ensure employee engagement.

The main goal is to meet the expectations of employees without losing sight of the company’s goals to ensure maximum return on investment.

Retention strategies

1. Investing in employees’ professional development

2. Establishing clear-cut expectations and policies

3. Offering benefits package

4. Creating a culture of open communication

5. Not overburdening employees

6. Providing employees with meaningful work

Do you use a modern recruitment software? If not, you're missing out. See how your life can be easier. Start your free 14-day TalentLyft trial.

Start my free trial