Employee retention refers to an organization's ability to keep its employees over time. High retention rates indicate that employees are satisfied with their jobs, which can lead to increased productivity and reduced hiring costs. Companies often implement strategies to improve retention, such as offering competitive salaries, benefits, and opportunities for career advancement. Factors influencing employee retention include workplace culture, management practices, and employee engagement. Organizations may conduct surveys to understand employee needs and concerns better. By addressing these factors, companies can create a more positive work environment, ultimately leading to higher retention rates and a more stable workforce.