The phrase "a retention tool" is correct and usable in written English.
It can be used in contexts related to strategies or methods aimed at keeping customers, employees, or information within an organization.
Example: "The new software serves as a retention tool, helping us maintain our customer base by improving engagement."
Alternatives: "customer retention strategy" or "employee retention method."
■ NCDs are often used as a retention tool by insurers.
"There are some companies who use noncompetes as a retention tool to hang over employees' heads," Mr. Lippetz said.
The lesson to suppliers: "E-mail is no longer an acquisition tool; it is a retention tool, too, to facilitate your relationship with your customer," he said.
The stock options program at Intel is "a powerful incentive for our employees, and we think it's a retention tool that's beneficial for our shareholders," he said.
"When you see that you'd be paying that for the internet alone, it's a deal," says Smith, who describes the package as having been devised primarily as a retention tool for Cox's customers on the verge of bolting.
As the primary cable provider in most of the state of New York, its local news channels are a retention tool for cable subscribers; the channels are not available from competing services like Verizon FiOS.
"A corporate university is a great retention tool," says Wheeler.
With about 20% of our disconnects currently going to postpaid products, we believe this new platform will be a powerful retention tool as we offer a unique and desirable postpaid alternative to our customers".
In the past, companies often offered to pay for an executive MBA, believing it to be a useful retention tool.
With generous, paid parental leave, employees are less stressed and more productive when they come back to work, and a strong paid leave policy is both an advantage in a competitive hiring environment and an effective retention tool.
Access to community is a powerful retention tool, and the majority of UK charities don't yet offer this.
