How To Boost Employee Retention With an Effective Knowledge Management System

Employee retention has become a pressing concern for companies of all sizes and industries in the ever-evolving business landscape. The revolving door of staff impacts operational efficiency and incurs significant costs in terms of recruitment, onboarding, and training. The reasons for this high turnover rate are diverse, ranging from lack of growth opportunities to inadequate preparation. This blog explores a crucial solution that addresses these concerns head-on: knowledge management.