The statement that the addition of creative benefits for employees provides organizations with a competitive edge in employee retention is True.
There are several ways to retain employees and one of them is to offer creative benefits to employees that other companies don't. This gives a competitive edge in both retaining and acquiring employees.
Every time, HR teams and department managers should exert every effort to manage staff in a way that promotes employee retention. Employees with tenure know how to accomplish tasks, are familiar with your business's workings, and—most importantly—know one another.
On the other hand, finding and hiring new personnel might be extremely expensive. In fact, according to a survey from The Society for Human Resource Management (SHRM), a business will typically spend 6 to 9 months of an employee's compensation on finding, hiring, and onboarding a new team member.
Find out more on retaining employees at https://brainly.com/question/24222635
#SPJ1
