Hiring a new employee costs a lot: 60% - 200% of that employee's annual salary, in fact!

One of the best ways to motivate employees to stick around is to focus on training.

This might not be news to you, but the best practices for optimized training procedure may be.

1. Outsource training to give employees the time and attention they need, something they might miss out on with on-the-job training.
2. Allow employees to follow training paths that interest them.
3. Promote a culture where employees feel comfortable to ask for help and clarification.

There are three other great suggestions in the below article:

Read full article on HuffPost Business blog.