by Alana Alcini | Aug 15, 2023 | Alana Alcini, Business & Entrepreneurship
Due to the low unemployment rate and the declining average tenure of workers, it is more important than ever that companies retain their employees. Unfortunately, if the employee turnover rate is high and the retention rate is low, then workers are more likely to...
by Alana Alcini | May 16, 2023 | Alana Alcini, Business & Entrepreneurship
In 2021, around 32.7% of workers resigned from their jobs due to the pandemic. The high turnover rate was reported in specific sectors, such as hospitality and leisure. Turnover can be costly for businesses, costing them around a couple of times their annual salary to...
