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What to do if Employees are Headed for the Exit

The cost of employee turnover

The Great Resignation isn’t over even though it is subsiding. Despite highly publicized layoffs and fears of an economic downtown, 2022 was a record year for employee resignations. To attract and keep the best talent in a tight labor market, employers must figure out why people are quitting their jobs. 

Employees have many good reasons for quitting. A Pew Research Center survey revealed that the top three reasons are low pay, poor opportunities for advancement, and feeling disrespected at work. Those are just some of the problems with the employee experience that contribute to voluntary turnover.

Learn more about the cost of employee turnover, the real reason everyone is quitting their jobs, and what goes into an effective employee retention strategy.

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