Why employee retention and performance management go hand-in-hand.
70% of employees who quit their job report not having had a discussion about future opportunities or growth in the three months prior to them giving notice. That’s a big problem.
Employees don’t want to feel stagnant in their career – they do want clear communication, recognition for their contributions, and opportunities for growth.
By building a performance management strategy that prioritizes frequent growth-focused one-on-ones between managers and employees, you’ll create a positive employee experience that drives retention. Equip leaders with the right tools for mapping and tracking development with their team members.
Want to know more about this topic? Download a recent study that makes the business case for performance management and employee retention.