PRC-3 · Chapter 8 · Question 21 of 74
Why do companies invest heavily in 'Employee Retention' strategies?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Because failing to keep trained employees wastes the massive costs spent on hiring and training them
Explanation
High employee turnover is costly. Retention strategies aim to keep trained, valuable employees to preserve the company's investment in them.
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