More than 26% of Gen-Z workers are planning for or anticipating getting a new job in the next 6 months (Prosper Insights and Analytics).
Fortunately, an analysis of 34,000 responses to a recent retention report by the Work Institute found that 75% of the reasons for employee turnover are preventable.
A Linkedin workplace survey found that 94% of employees would stay longer at a company that invests in helping them learn. They also learned that companies with a clearly defined purposeful mission report 49% lower attrition.
Employee recognition programs can also help to reduce turnover by up to 31%. (workstars)
According to research done by the Hay Group, building a highly engaged and enabled workforce can improve a company’s retention by up to 54%.
