Question: The health and success of your company are enhanced by employee retention. Turnover can have a detrimental effect on your business's performance. Hiring and training new staff takes a lot of time, effort, and money. High staff turnover results in a number of issues, including high expenses, knowledge loss, and low productivity. Increased engagement and increased productivity ultimately lead to higher income. Any retention strategy's primary objective is to reduce turnover as much as feasible.