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Article: Competitive Benefits Packages Yield Productive Long-term Employees.
- Article from:
- PR Newswire
- Article date:
- March 3, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DURHAM, N.C., March 3 /PRNewswire/ -- Only the US Army has been able to report 100% employee retention in recent years, and the financial services sector represents the other end of the spectrum, with unreasonably low retention rates. High turnover and employee churn continue to sabotage the best efforts of recruiters and hiring teams, according to business intelligence firm Cutting Edge Information ( http://www.cuttingedgeinfo.com/ ).
Employers have an easier time attracting high-caliber talent if their organizations' corporate cultures value retention and its veteran employees. Companies that integrate training programs and benefits packages into corporate ...