Question: 1. Choose at least one retention tool, method, or strategy that Thoreau Enterprises can incorporate to retain employees and reduce turnover. Provide a rationale for
1. Choose at least one retention tool, method, or strategy that Thoreau Enterprises can incorporate to retain employees and reduce turnover. Provide a rationale for your selection, including the benefits and potential risks to the organization.
2. What particular costs associated with employee turnover should Thoreau Enterprises leadership consider when making decisions related to retention? Be sure to include financial and nonfinancial costs to the organization in your response.
3.As Thoreau Enterprises develops a compensation strategy for the newly structured organization, what are the main components they need to incorporate? What are the potential risks they need to mitigate? Provide specific examples and relevant details to support your response.
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