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About A Tactical Guide To Boost Employee Retention: Question: How Would You Describe Today's Labor Market?
According to the document, employee retention has become a critical issue for employers. Nearly 40% of U.S. employees are considering leaving their jobs, up from 33% in 2011, as employees now have more power in a tight labor market. The costs of employee turnover are estimated at over $10,000 per employee. In order to improve retention, employers must understand why employees are leaving - reasons include more job opportunities, an aging workforce, increased job mobility among younger generations, and lack of engagement often due to poor management. The document provides advice on identifying disengaged employees and tactics for improving retention.
Detailed Information
Author: | ['Ratna Surekha Seethepalli'] |
---|---|
Publication Year: | 2020 |
Pages: | 7 |
Language: | English |
Format: | |
Price: | FREE |
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