Source |payscale.com | By|Jingcong Zhao
If you’re concerned about being able to keep your best employees on board in this economy, you are not alone. In a robust job market where it’s become common for employees to jump ship for a higher paycheck, savvy employers are keeping a closer eye on flight-risk employees and trying a host of tactics to retain them.
While there’s a variety of retention tactics you can implement, I think it’s helpful to have a working theory on what drives employee satisfaction and what causes discontent. Recently, I read a TLNT article by Mercey Ehrler and learned about the job embeddedness theory.
Unlike other simple measures of employee satisfaction (like the eNPS score), the job embeddedness theory provides a holistic means of identifying and addressing issues that may lead to turnover. Below, I’ll discuss what the theory is and how you can use this concept to hold onto your best people.