Tips for Reducing Turnover and Maximizing Retention

In the defense industry, the recruiting and onboarding process can take several months. It costs a lot of money to find a quality candidate and train them. With that knowledge, it is crucial that you do what you can to reduce turnover and increase retention rates. Here are a few tips that will help. Maintain Competitive Salaries and Benefits You will attract and retain top talent when you offer competitive salary and benefits packages. Candidates still consider salary and other benefits to be one of the most important deciding factors when they take a new job. Similarly, many employees quote salary and benefits as the reason for leaving their jobs as well. If you don’t maintain regular pay increases and competitive salaries, your turnover rates will likely increase.   Learn what other employers in the industry are offering and provide something comparable. Take note of any non-traditional benefits being offered as well. This ......