It has been observed that to replace a former employee who has resigned or retired, the company has to spend 150 of the previous employees salary In the light of the above statement, it is evident that employee retention and employee engagement are critical issues for the organisation to attend to What strategies can the organisation use to retain its employees to reduce high labour turnover

Question: It has been observed that to replace a former employee who has resigned or retired, the company has to spend 150% of the previous employees

"It has been observed that to replace a former employee who has resigned or retired, the company has to spend 150% of the previous employee’s salary".
In the light of the above statement, it is evident that employee retention and employee engagement are critical issues for the organisation to attend to. What strategies can the organisation use to retain its employees to reduce high labour turnover?

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