It’s old news that employees don’t leave companies; they leave managers. As a manager, employee satisfaction and commitment are largely within your control. Therefore you are crucial to retaining good employees. What’s news is that retention isn’t someone else’s job, it’s yours.  
 
The employee/management relationship has a significant impact in determining whether employees stay or leave. When employees feel their pay/benefits are comparable to that of similar jobs, conditions are pleasant/safe; and if they feel supported by good management, the prospect of making a little more money somewhere else is usually not enough to pull them ...