To stem the tide of turnover and reduce costs, employers need to invest in talent retention, not just recruitment, according to a pair of reports released Feb. 19 by The Conference Board.
Through an analysis of its own recent surveys, The Conference Board spelled out four areas that employers could focus on to retain talent in an uncertain market.
One of the main drivers of retention is a hybrid work strategy with strong communication and a focus on flexibility, The Conference Board said.
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