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Use the Retention template to explain your current retention policies or plans for the future. The most common use of the term is in employee retention policies policies developed to help an organization keep its most valuable employees. However the idea of retention also applies to customer retention meaning the ability to keep customers coming back; and student retention meaning the ability to keep students in school. Retention is also used in scientific medical or engineering sense as in water retention fluid retention or memory retention. Explain the need for retention here. Who or what do you need to hold onto and why. What are the costs of loss instead of retention. To retain insert group of people or other elements to be retained we have developed the following plans. Retention idea #1 e. g. Periodic bonuses for our employees Discounts to returning customers Floodwater retention pond Describe all the important details of this procedure or feature here including cost responsible parties people affected etc. Retention idea #2 Describe all the important details of this procedure or feature here including cost responsible parties people affected etc. Retention idea #3 Describe all the important details of this procedure or feature here including cost responsible parties people affected etc. Summarize your retention plan here and include any next steps needed to put it into effect.