To Stay Or To Go: How To Retain Talent

There are many contributing factors to why a person chooses to stay at or resign from their job.  It could be because of pay, location of the job, benefits, or a number of reasons.  Take a look into your own job history, what made you decide to move on to the next opportunity?  With research suggesting direct replacement costs as high as 50%-60% of an employee’s annual salary and a total cost of turnover ranging from 90% to 200%, turnover can be very costly for companies.  In this economy it is crucial for organizations to develop an effective retention management plan. 

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