Re-reward & re-recognize

Share additional resources with these employees to encourage them to stay. For example, promote team building events where employees can get to know coworkers whom they have not met before. This can go a long way towards boosting spirits and developing bonds and creating a greater sense of community.

Modify compensation for your people. In the short-term, additional compensation goes a long way towards motivating and retaining top talent. Consider re-examining your approach to merit increases, equity refreshers, and remote workers support and compensation.

People want to feel appreciated for the work they do. Expressing gratitude can make an especially big impact. Be sure to thank your direct reports who go the extra mile and explain how their hard work impacts performance and the organization. Shining a light on notable achievements, such as finishing ahead of a deadline, reaching a five-year work anniversary, etc., can be motivating and increase retention.