Employee retention is the ability of an organization to keep its employees.
Benefits of Employee Retention
Employee retention is a main indicator of how your organizational culture is performing. One of the first steps to increasing retention is having an effective onboarding program. Getting employees engaged from the beginning will set them up for success in the future and ultimately, make them want to stay. Low retention rates can be very costly to organization from the monetary costs of hiring to emotional costs of morale. More importantly, business performance can be significantly affected when employees don’t stick around.
Cornerstone Onboarding engages your employees from day one so they want to stay. Assign tasks and training so your new hire can hit the ground running.
Back to Glossary