Question

What are some strategies company employ to limit turn over

Answer 1

Selective processes are often burdensome to companies as they require recruiters' time and labor, as well as the time required to train new employees. As a result, companies tend to adopt strategies to reduce employee turnover. The main strategy is the employment contract, where each party makes a commitment for a certain period of time. In addition, companies can adopt wage strategies and seek to maintain a healthy environment for employee welfare so that they do not want to change jobs.

Answer 2

Companies raise the starting wage, higher managers more selectively and coach them on how to better create a good work environment to limit turnover.