The COVID-19 pandemic spurred what we now know as the Great Resignation, making company loyalty more difficult now than at any time in the recent past. According to the U.S. Department of Labor, nearly 4.5 million people quit their jobs in March 2022, showing no end to the Great Resignation. Employers everywhere are searching for ways to avoid and slow this turnover plague from hitting their offices. The fear — and reality — of high-performing employees leaving their company for better opportunities is causing desperation to find creative retention solutions.
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