- SELECT
- Jobs in Demand
- Hiring Trends
- Why are freelance jo ...
- What is the future o ...
- What is the reason b ...
- What hiring trends a ...
- What is the future o ...
- What are the future ...
- Why are virtual inte ...
- Is disguised unemplo ...
- Is underemployment t ...
- What is disguised em ...
- What defines an empl ...
- What defines an inde ...
- What are the ten (10 ...
- What is the greatest ...
- What is the differen ...
- EOR / PEO
- PEO vs EOR: What’s ...
- Why do companies use ...
- Is a PEO an employer ...
- What are the biggest ...
- How to hire internat ...
- Can EOR switch to PE ...
- What is EOR?
- What does EOR (Emplo ...
- How can an EOR Help ...
- Can EOR help in busi ...
- How can EOR help in ...
- How successful is PE ...
- How does PEO help in ...
- How does PEO help wi ...
- How Can A PEO Save Y ...
- Does AYP provide EOR ...
- How can an employer ...
- What are companies d ...
- HR Strategy
- What are the common ...
- What are the benefit ...
- What stops people fr ...
- How can I make Monda ...
- Is there any retrenc ...
- What are the benefit ...
- Is rehiring a form o ...
- Besides demographic, ...
- Why is it difficult ...
- What is the differen ...
- Business Expansion & Risk
- Why SMEs are more at ...
- Why are small busine ...
- How does focus lead ...
- Do creative companie ...
- What is the employme ...
- What is the unemploy ...
- What is the impact o ...
- How does remote work ...
- Do people want to go ...
- Is D&I a talent or b ...
- What is the three ke ...
- What is the greatest ...
- What is the risk ide ...
- Payroll
- What are the top 5 b ...
- When should I consid ...
- What makes a good pa ...
- How do I know if my ...
- What is the average ...
- What are the benefit ...
- Can you pay an emplo ...
- What is the contribu ...
- Is EIS mandatory in ...
- What is the EIS bene ...
- What are the advanta ...
- Productivity & Leadership
- What do wolves teach ...
- Why do leaders lead ...
- What are the 5 chara ...
- What are the 5 thing ...
- Why is staying focus ...
- Why do people make e ...
- Why employees do not ...
- How do AYP leaders l ...
- How do managers impa ...
- How can a manager in ...
- How does coaching im ...
- Why is developing pr ...
- What is the root cau ...
- Employee Engagement
- What jobs are Millen ...
- What is the “lying ...
- How is onboarding re ...
- Why words of affirma ...
- What is presenteeism ...
- What is the no.1 ill ...
- How can employers he ...
- How does employee re ...
- What is the importan ...
- How can we make empl ...
- How does mental heal ...
- How does employee di ...
- What are the 5 emplo ...
- Why is shared purpos ...
- Why is emotion impor ...
- Why DEI is more crit ...
- What is an inclusion ...
- What is one talent r ...
- Are employees in Aus ...
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SMEs have a turnover rate of 12.0%, which is higher than the overall average rate of 10.6%. Therefore, it is important to develop at least one retention strategy. SMEs frequently find it challenging to implement salary increments or offer incentives due to limited budgets, but a well-structured certified training program can compensate for this.
Employees that envision that their organization has a bright future will stay. On the contrary, 25% of employees indicated that a lack of career development opportunities motivated them to seek alternative offers. Enabling employees to get training during working hours and to gain new skills helps your business to grow, it is also effective to retain talents with high aspirations and wish to excel in their industry.
What is one talent retention strategy that small and medium-scale businesses are using?
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