We all know the benefit of retaining employees from an organizational standpoint is cost. Its costs organizations money to onboard, train, grant access with the added cost of company time to have a revolving door.
From a management perspective, high turnover can lead to or even be a result of a toxic work environment. It affects the way your team works, decreases efficiency, (because how efficient can your team really be if there's continuously a new person to keep up to date?), Morale takes a hit and we already know morale is fragile.
I totally recognize that in these, days retention has been a little difficult giving the changes that are going on with the pandemic. Whether its due to vaccination policies, exposure concerns, the pandemic effecting family life, disagreements about going back into the office, the past two years have created another barrier to retaining staff.