A study by analyst firm Aberdeen Group found that 86% of respondents felt a new hire’s decision to stay with a company long-term is made within the first 6 months of employment.
There are few things more fulfilling and fun than learning something new. Great happiness, satisfaction, and financial rewards come from this. An education is not limited to formal study.
Employee retention should be on every company’s radar. Individual development plans are one strategy to enable your business to meet its goals and will serve as one of many effective retention strategies.