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Workspaces Run Better On UltraSoftBIS
Home News Workforce

Voluntary Turnover Rates Are Just 3% Higher Than The Pre-Pandemic Era

To reduce turnover rates, respondents of the WorldAtWork survey said that recruiting, DEI efforts, employee recognition, and performance management would help.

Aayat AlibyAayat Ali
May 17, 2022
in Workforce
Reading Time: 1 min read
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Voluntary Turnover Rates Are Just 3 Higher Than The Pre-Pandemic Era

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A new survey by WorldAtWork shows that employee turnover rates are below forecasts for the Great Resignation. 

“Workforce Planning in the Great Resignation Era,” which was completed in partnership with UFlexReward, shows that although voluntary resignations are still higher than the pre-pandemic era, it has only grown by 3% in the US since that time. 

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According to respondents that included employees and job seekers, remote work and achieving a work-life balance were their top workplace priorities overall. To reduce turnover rates, respondents added that recruiting, DEI efforts, employee recognition, and performance management would help.  

“We see that the most effective actions employers are taking to reduce turnover relate to remote work and work/life balance. Of organizations who have implemented or are currently implementing action in HR policies, 87% are adding remote work options which shows their recognition of the importance and effectiveness of work/life balance on retention and recruitment,” said Deirdre Macbeth, Content Director at WorldatWork. 

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Source: Yahoo
Tags: DE&IRemote WorkWork-life BalanceWorkforce
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Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

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