A recent Gallup survey found that 48% of employees have an eye out for a new opportunity or are actively seeking a new job. Unfortunately, according to the Work Institute’s 2023 Retention Report, it’s a costly process to hire a new worker; replacing an employee can cost as much as 33% of their salary.
While focusing on recruitment strategies is always great for HR teams, focusing on retention can have just as much of an impact on business. Check out our latest infographic for some simple ways you can foster loyalty within your company!