Mentoring, according to Chronus, can play an important role in retaining current employees and assist in improving workforce productivity.

Common types of mentoring include:

  • Employee career development
  • Leadership development
  • Diversity mentoring
  • Reverse mentoring
  • Knowledge transfer

Networking opportunities

Employers can attract and retain qualified candidates by providing networking opportunities for employees. Networking opportunities can include getting involved with professional organizations, attending social events and traveling to professional conferences, and employers can help by offering some paid time for those opportunities.

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Source: SHRM