There are many costs involved with having a high staff turnover, from the loss of knowledge that occurs when workers walk out the door, to the financial costs involved in finding replacements, and the time it takes to train them up. As such, it is incredibly important for all organizations to have a focus on boosting retention levels.

While there are many different ways to do this, including recognizing and rewarding workers, creating a positive culture, providing employee perks and the like, one great way that not enough managers focus on is helping people to grow and reach their potential.…