It's difficult to find news that doesn't somehow revert back to talk of an impending recession. As a result, employees are staying in jobs they would otherwise consider leaving. That's according to software development company Beamery's latest Talent Index, which shows that 40% of employees are putting job hunting on hold until the economy stabilizes.
"It's never been more important for business leaders to focus on improving retention strategies," says Abakar Saidov, Co-Founder and CEO of Beamery. "We can clearly see from the data that employees are really focused on compensation, culture and opportunities to learn and grow. As businesses begin to plan for the new year, addressing total compensation and rewards, investment in training managers and leaders, and having a real focus on upskilling and career development, should be a top priority."
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