eBook Employee Recognition Retention and Turnover Team Building 
SocialChorus
JULY 28, 2021
What is employee retention? Employee retention is the ability of a company to keep employees on its payroll; and it’s easily quantified as your “employee retention rate,” which is simply a statistic showing how many employees stay at your company over a given period of time.
SocialChorus
JUNE 5, 2019
It is critical to your business’s long-term health and success, and turnover costs are high. According to Employee Benefits News , it costs 33% of an employee’s annual salary to replace them. Employee Retention Definition. What is employee retention? Why is Employee Retention so Important?
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