IT WOULD BE THE BEST of both worlds: finding a way to retain your star employees while simultaneously shaving millions of dollars in costs. How do you do it? Create an employee retention plan. Within the energy industry, many companies have focused on finding solutions to the great brain drain that will occur as baby boomers start retiring. Certainly, negotiating flexible work arrangements to extend this generation's careers is critical, but it also is critical to develop retention strategies that will keep your younger superstars—the very future of your company—engaged.
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