Leaders can turn The Great Resignation into The Great Retention by supporting employees with ongoing development and recognition.
StrataTech Education Group, a long-time leader in training skilled professionals, launched StrataSkills Industry Solutions (StrataSkills) as a workforce development and retention solution.
Organizations should rethink and redesign their performance-based reward systems to maintain a motivated workforce of top talent, ready to contribute to the company's future success.
Training and development is organization's secret weapon to retaining skilled talent during The Great Resignation and into the future.
Increasing customer retention is a major revenue driver in the subscription economy, often proving to be more rewarding than customer acquisition efforts.
The driving forces behind voluntary turnover are not solely dependent upon employment rates and often come from uncovered weaknesses in retention strategies and opportunities to mitigate talent flight.
With increasing frequency, companies are releasing or losing a key executive: the vice president/director of sales. The impact can fall somewhere between serious and devastating depending on the circumstances.
There's no question, the downside of a good economy is that it's ridiculously hard to retain your best talent. So how do you build a sticky culture that inspires your best talent to stick around?