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Understand the strategy for effective retention Have you been using an effective retention strategy? If the answer to this question is yes, then you are moving on the right track but if the answer to this question is not positive, then you need to worry a little. Without an effective strategy for retention, your company may face the challenge of losing some of the best employees of the organization. In today's world, employees have many options as to where to work. Therefore, considering the tough competition in the recruitment of the employees, the employers should be aware of all the right means for retaining the right employees in the company. This is where the employers would need a properly planned strategy for effective retention.
It is not just the company who will be benefited with the high number of profit but many other people associated with the company can get the benefit of having an effective retention strategy. These are some of the people who will be benefited with the retention strategy: ● The managers and supervisors ● Team or project leaders