High employee turnover rates can be troublesome for medium and small sized businesses. Not only are high employee retention rates expensive, but they also hinder the successful growth of a business. With 57% of organizations viewing employee retention as a problem, specific steps need to be taken to improve overall employee satisfaction and job loyalty. These retention practices need to involve both better hiring practices and better benefit packages for current employees.
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Many cases of employee dissatisfaction come from poor hiring decisions. When employees are not a good match for a specific position, they are more likely to be unsatisfied and more likely to seek alternative positions. A recent survey by Robert Half showed