Today's question is What are retention strategies for small companies? So lets get started.

Ensuring the retention of your most valued employees, whether they're new additions or longstanding team members, is fundamental to the success of your business.

Small businesses can employ various strategies to minimize undesirable employee turnover, such as establishing clear expectations, providing advancement opportunities, monitoring performance and growth, improving benefits and increasing compensation, offering workplace perks, and investigating the root causes behind employee departures.

Regardless of your business size, maintaining a consistent practice of hiring reliable and motivated individuals is vital for building a robust team.

However, the effort doesn't end with recruiting promising candidates. To retain your top talent, employers must stay attuned to what it takes to keep them engaged in their roles.

What are retention strategies for small companies?