Final answer:
A fast-track program is used to retain high potential employees by providing accelerated career progression and development opportunities, enhancing job satisfaction and loyalty.
Step-by-step explanation:
The type of program that can be used to retain high potential employees is A) a fast-track program. Fast-track programs are designed to develop and retain employees with high potential by offering them accelerated career progression, challenging projects, and often leadership development opportunities. These initiatives show a commitment to the employees' career growth within the company, thereby increasing job satisfaction and loyalty, which are crucial for retention.
Other programs like referral programs may help bring in new talent, counseling programs could support employee well-being, and outplacement programs are generally used to assist employees who are leaving the company. Therefore, these are not specifically designed for the retention of high potential employees.