In today’s tight labor market, companies aren’t just scrambling to attract new talent. They’re trying to hang onto the talent they have.
Employers have good reason to raise their game.
Last summer, more Americans quit their jobs than at any point since the federal government started tracking that metric in December 2000, and employee turnover remains near historic highs. Replacing workers is also getting more expensive. It cost employers $617 billion in 2018, compared with $331 billion in 2010, according to a report by Work Institute,...
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