The Retention Dilemma

Employee turnover in the United States had reached a record high by the end of 2021. A favorable job market for employees combined with the Covid-19 pandemic caused many Americans to quit their jobs in search of better opportunities. This phenomenon is known as the Great Resignation, and it has represented a significant challenge for businesses across the country.

Business owners and HR professionals now face the challenge of reducing high turnover and mitigating its costly outcomes. In the current scenario, however, retaining employees while attracting new talent is a very competitive endeavor, and you must stand out to be successful. Providing a favorable work experience for your employees goes beyond generosity; it is a smart business decision.

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