Employee Retention Bonus An employee retention bonus is a financial incentive offered to current employees to encourage them to stay with the company for a specified period of time. These bonuses can take various forms, such as cash bonuses, stock options, or additional benefits. The goal is to reward employees for their loyalty and commitment… Read More »
User Intent Businesses and HR professionals often struggle to balance employee turnover and retention. This article aims to provide a detailed comparison of both, explaining their definitions, applications, benefits, limitations, and a step-by-step approach to optimizing retention while reducing turnover. Introduction Employee turnover and retention are two critical factors influencing an organization’s success. High… Read More »