Employee Retention Technologies
Prepared by SHRMLabs in partnership with Techstars Workforce Development Accelerator Excerpt: The Great Resignation coupled with the “Great Talent Shortage” have combined to make employee retention a new priority for senior executives. A Gartner survey of C-suite’s key issues in 2022- 2023 found that workforce concerns like talent retention rose significantly as a priority for the second consecutive year, ranking ahead of even financial issues like cash flow, capital funding and profitability. Gartner projects companies will need to plan for a year-over-year employee turnover rate that is 50% to 75% higher than what they’ve experienced in the past. Continue Reading..