Employment and Jobs

Investing in Entry-Level Talent: Retention Strategies that Work

March 28, 2017  • FSG

UpSkill America is pleased to share this resource from one of our partners in the upskilling movement.

In 2016, the U.S. retail industry lost approximately $9 billion dollars to voluntary, entry-level turnover. Such losses are expected to climb as turnover rises across industries from health care to banking. While many companies accept high entry-level turnover as a cost of doing business, some companies are changing that reality by investing in the retention and advancement of their entry-level talent. Their investments not only improve business outcomes, but also provide new options for individuals who face barriers to economic opportunity.

Investing in Entry-Level Talent: Retention Strategies that Work highlights 4 evidence-based strategies for effective retention and advancement, backed by 14 practical suggestions for implementation as exhibited by companies like The Container Store, Verizon Wireless, Gap Inc., Wegmans Food Markets, and many others.

To learn more, visit fsg.org/publications/investing-entry-level-talent.

 

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