Training will only make employees more marketable. Indeed, providing the latest training opportunities to employees may raise their market value, but it also helps motivate them and enhance their performance in their current positions. Offering training and development opportunities is a very worthwhile retention strategy. It is precisely during times of significant corporate change that organizations need to be mindful of how employees are likely to perceive these changes. Many employees today are all too ready to leave a company if they fear the organization's new direction or dislike the way the change was introduced or managed.
Effective retention is achieved by helping all employees understand the change.
We can't hold on to good people. The traditional view of retention, to which many companies still adhere, is the ability to hold onto or keep employees. Today's reality is that companies need to adopt a more flexible and understanding approach to meeting individual needs by creating an environment in which employees want to stay and grow. The traditional approach was to send departing employees on their way and not look back. However, valuable lessons may be learned from those who leave, most often during exit interviews.