Small Business Blog
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Employee Retention Strategies for Small Businesses
Did you know that the cost of replacing a frontline employee (someone who interacts directly with customers or clients) can be 40% of their salary? For small business owners, high employee turnover can impact your budget and potentially divert your focus away from other important responsibilities as you spend time re-hiring and onboarding new employees. Building a close-knit team that understands your goals is often crucial for running a small business, especially since this team represents your brand and manages daily operations. However, frequently losing…
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