When it comes to employee retention, there are two general schools of thought. Some want to keep their employees for as long as they can, and there are others that actually prefer to have high turnover. It depends on the type of business and the skill level and education that they need to fill positions. Fast food saves money with high turnover because that means most don’t draw benefits, but companies that require highly skilled workers with degrees often want to do things to help with reducing employee turnover so they don’t lose the best workers they have.

Reducing employee turnover generally means making them happy. Though workers come and go, there are some that companies will do anything to keep. Some professionals will go from job to job as they get better and better offers, but a company that has policies in place related to reducing employee turnover can counter this. It might mean matching offers, or offering things that employees simply can’t get anywhere else. This can be tricky, but there are many companies, like Google, who seem to know exactly what to do. More on Reducing Employee Turnover