Question

Need and significance of employee retention program

Answer 1

Answer:

Explanation:

Need & Importance of Employee Retention. Employee Retention refers to the techniques employed by the management to help the employees stay with the organization for a longer period of time. ... Individuals once being trained have a tendency to move to other organizations for better prospects.

Answer 2

Explanation:

Retention of a positive and motivated employee is very important for the organization's success. Highemployee turnover increases the expenses and also has a negative impact on the organization's morale. ... Performance and Productivity Maintenance −Employee retention practices help support an organization's productivity.