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8 Tried & Tested Employee Retention Strategies in the Insurance Sector [2024 Edition]

Empuls

  Recent studies reveal that employee retention rates in the insurance industry hover between 12% and 15% , with voluntary turnover rates showing an upward trend. Elevated voluntary turnover can lead to heightened expenses, diminished productivity, and a loss of valuable talent. However, there's no need to worry. 

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The Risks of Unmotivated Employees

Compensation Cafe

When thinking of those barriers, first thoughts often go to voluntary turnover of top talent and development of high potentials as must-solve areas. Far less often do we consider the impact from the other end of the spectrum – employees who are disinterested and unmotivated, yet continue to show up to work. .

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