By Saurabh Kumar Employees add a considerable amount of value to your business processes and help you attain your organizational goals. While it is crucial to hire fresh talent regularly, it is equally important to retain the valuable talent you already possess. As we head into 2022, the competition in all major industries is getting increasingly intense. Businesses across the board are recovering from the Covid-19 crisis, and they are willing to hire skilled and dedicated employees to get them back on track. This implies that your employees have more options apart from working for your organization. If you cannot keep your employees engaged, they are likely to switch to another company that provides them with more benefits. Why Is Employee Retention Important? Cost-Effective Management If you lose your employees, you will need to spend a fortune on hiring their replacements. This will add to the burden on your budget …