Widget Corp., a technology company, has a huge employee turnover. Which of the following strategies should the company adopt to combat turnover?
A) It should avoid offering signing bonuses.
B) It should focus solely on shareholder value.
C) It should increase working hours to 12 hours per day.
D) It should offer an attractive compensation package.

Question

Quizplus · Accepted Answer

Offering an attractive compensation package can help retain employees by making them feel valued and financially satisfied, addressing one of the key reasons for employee turnover.