Employee turnover is one of the most expensive challenges companies face. While salary and benefits matter, they aren’t always the reason employees stay or leave. Recognition, communication, and workplace culture often carry more weight in long-term retention.
Here are three strategies that can make a lasting difference.
1. Recognition That Feels Personal
Many recognition programs miss the mark because they rely on generic rewards. Employees want acknowledgment that feels authentic, not cookie-cutter. One way companies are addressing this is by rethinking corporate gifting.
Corporate gifting is moving beyond holiday perks to become a true retention strategy. When tied to achievements, milestones, or personal moments, thoughtful gifts show employees they are seen and valued. A recent s