Editor’s Note: It’s an annual tradition for TLNT to count down the most popular posts of the year. This is No. 10 of 2015. Our regular content will return on Jan. 4, 2016.
We know that it’s far cheaper to retain an employee than to replace them.
But in order to understand how to retain, we first need to understand the elements that go into an employee’s decision to stay or leave their job.
Generally speaking, there are three broad categories of elements that make up an individual’s decision on to stay or quit their job:
- Overall compensation;
- Job satisfaction; and,
- Career progression.