Retention

Intermediate 👥 Human Resources

Definition

The corporate art of convincing employees not to leave, usually attempted only after they've already accepted another offer. Retention strategies include counter-offers, pizza parties, and the classic "but we're a family" speech.

Example Usage

"The retention strategy was a 3% raise and a handwritten note from the CEO. I was touched. Not enough to stay, but touched." - A departing employee with a nice card

Related Terms

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