Webpayment for the temporary use of something; payment for labor or personal services : wages; the act or an instance of hiring… See the full definition Merriam-Webster Logo WebEmployee retention strategies are practices an organization follows to retain its staff (e.g. through compensation, policies, benefits, office perks, etc.). A company’s main intent when planning those strategies is to minimize employee turnover, in other words, the number of employees that leave a company during a certain period.

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