Tag: #EmployerofRecords

In the ever-evolving business landscape of the Philippines, employee retention has become a pressing concern for companies striving to maintain a competitive edge. With voluntary turnover rates climbing to 15.9% in 2023, it’s clear that organizations must delve deeper into the factors influencing retention and implement strategies that resonate with their workforce. This blog explores the reasons behind employee turnover, the impact of 13th-month pay and December holidays on retention, and actionable steps to foster long-term loyalty.