The Work Institute 2018 Retention Report projects that the cost of voluntary turnover in the U.S. in 2018 is projected to exceed $600 billion and is expected to increase by 19% by 2020.
This does not include additional costs for countering turnover such as talent recruiting, onboarding and training, not to mention the decreased productivity of other team members due to change in the workplace. Many studies indicate that in 2019, one-third of the employee workforce will be looking for a new job due to boredom or seeking a new challenge. So how can an employer rise up to meet this obstacle head on? Download the Infographic for 3 strategies that employers can incorporate now.
Are you prepared to meet the rising cost of employee turnover in 2019?
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