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Rise Glossary

What is Employee Retention?

Employee retention refers to the ability of a company to keep its employees over time. High employee retention is often seen as a sign of a positive work environment and good management. Low employee retention, on the other hand, can indicate a number of issues, such as poor working conditions, lack of career development opportunities, or poor management. Employers may use a variety of strategies and programs to improve employee retention, such as offering competitive compensation and benefits packages, providing opportunities for professional development and growth, and fostering a positive and supportive work culture.