Great Resignation: More than 1/3 of US companies surveyed report 'unsafe' turnover rate

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More flexibility, more money and more convenience: 459 companies explain the new factors they need to consider to land and keep the best employees.

Almost 48 million quit their jobs in 2021. Where is everybody? We explain why workers that have quit in droves during the pandemic have not come back."Ideally how many months until this office will be full?" ABC7's Stephanie Sierra asked.

The health record software and research company has distributed teams from Hawaii to New York. But, like many companies faced with challenges from the Great Resignation, Osmind is struggling to compete for new hires. Morgenthaler says the Great Resignation is forcing smaller companies to realign expectations and prioritize flexibility.

While Osmind has a high retention rate, Morgenthaler says if they lose a candidate it's usually tied to compensation restraints.Sequoia's survey found salary adjustments are a primary factor fueling the turnover rate across the U.S. job market.

 

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