Employee retention has become a critical challenge for organizations across all industries. As the job market evolves post-COVID and employee expectations shift, companies must adapt their strategies to keep their top talent engaged and committed.

A recent study revealed that a staggering 56% of workers plan to look for a new job in 2025, with 80% of those surveyed stating that they are confident that they will find a new role. This alarming trend highlights the urgency for organizations to prioritize employee retention and create work environments that foster long-term commitment.

By implementing innovative retention strategies that address the evolving expectations of the modern workforce, companies can reduce turnover, while also cultivating a loyal and engaged team.

56%

of workers plan to look for a new job in 2025.

80%

of those are confident that they will find a new role.

Why is employee retention important?

High turnover rates can significantly impact a company’s productivity and bottom line. The costs associated with employee turnover can be substantial. There are obvious expenses like recruitment and training, but also indirect costs such as decreased productivity, loss of institutional knowledge, and potential damage to team morale. (We’ll take a closer look at the hidden costs of employee turnover in chapter 3.)

By focusing on retention, companies can reduce the costly effects of turnover while improving employee performance, ultimately contributing to a more stable and successful organization.

Why this matters now

Retention is no longer just an HR metric; it’s a business imperative. In a market shaped by rapid change, rising expectations, and evolving definitions of what it means to thrive at work, organizations can’t afford to treat retention as reactive. Supporting people in a way that reflects the full reality of their lives is no longer optional. It’s essential.

Discover actionable strategies tailored to industries like healthcare, professional services, public labor, and manufacturing in our comprehensive insights eBook. Learn how to address the unique challenges of retaining top talent in a competitive market, reduce costly turnover, and foster a culture of engagement and productivity.

Download the eBook now to gain the tools and insights you need to create a thriving, committed workforce—because employee retention isn’t just an HR goal; it’s a business imperative.