How to Improve Retention: 10 Strategies to Support Employees and Reduce Turnover
15Five
OCTOBER 30, 2023
Employee turnover is an increasingly significant challenge across nearly every industry, and the decline started well before the Great Resignation. Over the last decade, people have been changing jobs more frequently and staying with their employers for shorter spans. A recent labor statistics study by LendingTree found that between 2012 and 2022, the median job tenure dropped almost 11%, from 4.6 years to 4.1 years.
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