As job choices increase and more contract options become available to your “top talent”—-how will you deal with employee turnover rates? According to the 2018 Deloitte Millennial Survey, 43 percent of millennials plan to leave their jobs in the next two years and 61 percent of Gen Z’s say they would also leave their jobs within this same short time span for another opportunity.
These generations differ in that they don’t stay for the “long-haul” as do the baby boomers and Gen Xers.
There are a myriad of problems that come with turnover; monetary losses can cost your business the most if you are not proactive.
This iHire.com article gives more insight on the situation and how your organization can reduce employee turnover.