What is another word for retention strategy?
Pronunciation: [ɹɪtˈɛnʃən stɹˈatəd͡ʒi] (IPA) 
A retention strategy is a crucial aspect of any business. It refers to the various methods adopted by a company to reduce employee turnover and retain talent. There are several other terms that can be used interchangeably with retention strategy, such as employee retention programs, talent management, and workforce engagement. Employee retention programs aim to keep employees engaged and loyal to the company, whereas talent management focuses on developing and retaining high-performing employees. On the other hand, workforce engagement is an approach that seeks to understand and optimize the employee experience to improve retention. Regardless of the terminology used, a successful retention strategy ultimately helps businesses retain their top performers and maintain a competitive edge.
