Employee retention is a critical priority for every business. When a key employee leaves, the loss goes beyond just their skills and institutional knowledge—there is also the significant cost of recruiting and training a new hire to fill their role.

Recent year brought us the Great Resignation, swfitly followed by the Great Regret. In both cases, employees have felt undervalued or have not experienced a sense of belonging, and organizations are struggling to retain employees. Healthcare, hospitality, retail industries, and those on the other end of a merger or acquisition are facing a harder time with employee retention.