Sanford is the Executive Director of a large non-profit organization that focuses on food security issues, research and community-based initiatives out of Vancouver BC. He is finding that the majority of his employees only stay with the organization for 2 years or 3 less and then move on. He has established a goal to improve employee retention by 100% within 2 years.

Why is retention important in the human resource management process?

Discuss how Sanford can utilize the 5 components of Total Rewards to increase workplace satisfaction and increase retention rates within his organization.