These days, the competition for employees is tough—in fact, it’s so tight that jobs outnumber available workers by a 2-to-1 margin. HR professionals are feeling the pinch.
In addition to a shortage of people, there is a skills gap now being felt by up to 82% of employers across different industries.
Given this scenario, it’s now more important than ever to nurture and engage your existing talent pool so they remain loyal to your organization.
This post will cover why employee retention matters, the barriers faced by organizations, and how to improve retention strategies.