Employee turnover is a critical challenge, especially when it impacts key roles. To avoid painful turnover in 2024, focus on these four strategies: 1) Identify and prioritize critical roles such as innovators, revenue generators, and operational continuity positions. 2) Emphasize succession planning by assessing risk, creating clear career paths, and using succession templates. 3) Maximize total compensation through variable pay plans, non-monetary incentives, and transparent bonus allocations. 4) Re-evaluate market pricing for critical roles using reliable data to remain competitive and retain top talent.

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