In a tight labor market, characterized by both low unemployment and increased mobility for workers, retention becomes the main method of building and maintaining a highly productive staff. If you can't keep your best employees, HR becomes little more than a treadmill engine.

And that's the best-case scenario. The worst-case scenario includes a steady decline in your team’s overall talent level, marked by near continuous recruitment, complete with all the annoyance and distraction that entails.

In short: You enter complete business purgatory.

Social media has become imperative to attracting the best job candidates. Young, tech-savvy prospects spend most of their lives online. If you're not plugged into their world, you're likely going to miss out on some interesting talent.

Beyond its growing influence, social media provides unique recruiting opportunities compared to more traditional methods. The underlying concept of the sector - connectivity - allows an interaction with potential hires that normally doesn't come until late in the recruitment process.

You can become one of the best employees in your office, but it won't do your career any good if no one knows about your contribution.

Without wider recognition, you’re like one of those hip garage bands that's every critic's favorite, but no one else has ever heard of. Or the black-and-white, foreign-language indie movie that moves everyone who sees it to tears, but plays mostly to empty theaters for several weeks before becoming unwatched filler on a streaming service.

A bad hire often prompts a wave of regret and self-doubt, culminating in the inescapable question: How could we have seen this coming?

Many times, you can't. Sometimes bad hires come about as the result of an unforeseeable mismatch, a combination of factors that couldn't be predicted. But often enough, you can see warning signs ahead of time. In order to learn from the mistake and avoid a similar error in the future, it’s important to review what when wrong.

Losing a job can be traumatic. Just like a breakup or dramatic incident, it can lead to buried emotion and long-lasting psychological pain.

Unfortunately, it's also something that every prospective employer will want to know about. It will come up in every interview and isn’t something you can bury and forget about. Unfortunately, to get another job, you’ll have to recount the details of how you lost your last one.