Today’s Strategies to Boost Employee Retention

by Jill Krumholz

Employee turnover is disruptive and expensive for organizations, in terms of both the dollars spent to recruit and train new hires and the institutional knowledge lost when a trusted employee leaves.

Even further, recent data suggests that there is an employee shortage in the nonprofit workforce overall nationwide — with over 40% of survey respondents reporting vacancies of over 20% of the total number of roles in their organizations— so filling vacated roles could present a challenge.

Jill Krumhoz, RealHR Solutions
Jill Krumholz

These statements suggest that a concentrated focus on retaining your current employees is a worthwhile investment of time and resources. This investment will involve examining and refining core values, identifying the culture you want to create, and building internal employee practices that will positively impact employee retention.

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