Welcome to the “Employee Retention: Essential Factors” video lesson intended to highlight elements that can critically affect employee retention. This video lesson is the fourth of seven in the “Boosting Employee Retention” video course, which provides actionable advice on how to hold on to your organization’s high-performing employees. In this lesson, viewers will learn about factors that can be used to supplement their compensation plan and that can drive retention. Ultimately, learners should understand that having a fair and structured compensation plan is an essential component of a retention plan but isn’t enough on its own.