By Tan Poh Ling
17/06/2010
Of late, high attrition remains one of the most challenging phenomena in every organisation. Apart from other factors such as the recession, currency dynamics and higher wage arbitrage, one of the major issues in all forms of business is employee retention. Many companies fight to retain employees by raising salaries; however, this is not a cost-effective way to deal with turnover. Dealing with employee retention can be a low-risk and high-benefit investment.
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