Which term refers to measures taken to reduce labor turnover?

The term that refers to measures taken to reduce labor turnover is retention strategies. This concept revolves around creating an environment and implementing practices that encourage employees to remain with the company for a longer period. Effective retention strategies may involve various practices such as improving employee satisfaction, enhancing workplace culture, offering career development opportunities, and ensuring competitive compensation and benefits.

While employee engagement programs also contribute to retention, they specifically focus on enhancing employees' emotional commitment to the organization, which may indirectly reduce turnover. Recruitment campaigns are aimed at attracting new talent and filling vacancies rather than retaining existing staff. Workforce planning involves strategically aligning workforce capabilities with business needs but does not specifically address reducing turnover. Therefore, retention strategies are explicitly designed to minimize labor turnover and keep valuable employees within the organization.