“Employee Retention Strategies for 2024: Prioritizing Well-being and Development”
Retention remains a top priority for HR leaders in 2024, with a significant focus on employee well-being and development. Amid high inflation and competitive job markets, organizations are enhancing their retention strategies by offering better pay, flexible work arrangements, and comprehensive well-being programs. However, a recent report indicates a decline in emphasis on learning and development, which is critical for long-term talent retention. HR professionals must balance immediate retention efforts with long-term development initiatives to create a sustainable, engaged workforce (theHRDIRECTOR).
