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Are We Headed for an Employee Retention Crisis?

September 29, 2009

Here are a few interesting job-related stats:
  • 10-14 jobs will be held by the average employee entering the workforce today by age 38
  • Over half of all employees plan to leave their current job after the recession ends
  • 71% of Gen Y employees expect to find a new job after the recession
  • 1 out of 4 employees has been with their current employer for less than a year
  • 50% of employees have been with their current employer less than 5 years
How does HR respond to the new career expectations of today’s employees? Success seems to depend a good onboarding processes and engaging new hires starting on day one. (Read up on tools for making employees feel welcome and appreciated – employee recognition tools)
What is the HR leader’s role in building long-term employee relationships?

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