Editor’s Note: It’s an annual tradition for TLNT to count down the most popular posts of the year. This is No. 29 of 2015. Our regular content will return on Jan. 4, 2016. Mele Kalikimaka!
The Bureau of Labor Statistics reports that 2.8 million people quit their jobs in March 2015, putting it back to pre-recession levels.
This is expected to accelerate as employees grow more confident in the economy amid a rising number of job openings.
That’s why employee retention should really worry companies, from a talent drain perspective and from a competitive standpoint.
For employees, this is now “their time” to make a move. They’ve worked in poor work environments, received a small or no raise at all, and have put up with pressure on productivity and high levels of stress in the workplace during the recession. Now the tables have turned and it’s fast becoming an employee-driven marketplace.
5 Ways You Can Proactively Work to Improve Your Employee Retention