Which of the following justify the importance of employee retention as a critical management strategy?

Question

Quizplus · Accepted Answer

All three options listed (the high costs of recruitment, selection, and training a new employee; the instability caused by high employee turnover; and the potential adverse effects on quality of care) justify the importance of employee retention as a critical management strategy. Keeping employees engaged and satisfied in their work can help reduce turnover and create a stable, experienced workforce, which can in turn lead to cost savings, improved quality of care, and better organizational outcomes.

Which of the Following Justify the Importance of Employee Retention