The cost of recruiting a new employee is twice the cost of the retaining the same employee. So it makes sense for any employer to understand the various factors that influence an employee to leave an organization. The common belief that money is a deciding factor is no longer relevant as organizations with low compensation have been known for higher retention rates while, on the other hand there are organization who are not able to retain employees even after paying at the 75th percentile of the market. There are wide range of reasons an employee decides to leave the organization - the internal factors (e.g incompatiable with the Supervisor, low employee engagement, etc.,) and external factors such as commute, cost of living etc. Often the internal factors are more dominating and visible reasons for leaving,  while there are critical external factors which influences the decision.  So it is very important for organizations to analyze, measure and define the attrition factors.

Organizations that make their employees happy, eventually have happy customers. EUCTO-PEOPLE will analyze the various factors that influence retention both internal and external to create a custom made people centric retention approach focusing on employee wellbeing, guarded by management principles and effectively backed up by the technology developments.