{"id":5402,"date":"2024-06-18T09:11:30","date_gmt":"2024-06-18T14:11:30","guid":{"rendered":"https:\/\/www.employco.com\/blog\/?p=5402"},"modified":"2024-06-18T10:33:44","modified_gmt":"2024-06-18T15:33:44","slug":"hr-newsletter-tips-for-retaining-employees-in-2024","status":"publish","type":"post","link":"https:\/\/www.employco.com\/blog\/2024\/06\/18\/hr-newsletter-tips-for-retaining-employees-in-2024\/","title":{"rendered":"HR Newsletter: Tips for Retaining Employees in 2024"},"content":{"rendered":"\n
\"HR<\/figure>\n\n\n\n
<\/div>\n\n\n\n

Around 27% of U.S. workers quit their jobs in 2023, which, according to a common turnover calculation, cost employers nearly a trillion dollars to replace. Unfortunately, turnover is expected to climb this year, and labor experts predict another form of the \u201cGreat Resignation\u201d to take place as workers choose to leave their jobs. Employee retention remains a critical challenge this year for employers across industries. A LinkedIn survey found that 85% of workers plan to look for a new role in 2024, which is almost a 20% jump from the previous year. The trend particularly applies to younger generations, including Generation Z, millennials, and Generation X.<\/p>\n\n\n\n\n\n\n\n

While today\u2019s workers see both the possibilities and risks of job or career changes, many are choosing to explore new opportunities and leave their current employers. Check out our HR Insights article that outlines tips for employers on employee retention: Tips for Retaining Employees in 2024<\/a>.<\/p>\n\n\n\n

\"Tips<\/a><\/figure>\n\n\n\n
<\/div>\n\n\n\n

Contact us<\/a> for assistance with employee retention strategies and initiatives.<\/p>\n","protected":false},"excerpt":{"rendered":"

Around 27% of U.S. workers quit their jobs in 2023, which, according to a common turnover calculation, cost employers nearly a trillion dollars to replace. Unfortunately, turnover is expected to climb this year, and labor experts predict another form of… <\/p>\n

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However, during the COVID-19 pandemic, turnover rates fell dramatically. Now, a significant number of employees are unwilling to return to the status quo that was established pre-pandemic. 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In fact, 38% of employees are likely to leave their jobs in 2025. Despite looming employee turnover in 2025, employee quits consistently decreased throughout 2024. This\u2026","rel":"","context":"In "HR Newsletter"","block_context":{"text":"HR Newsletter","link":"https:\/\/www.employco.com\/blog\/category\/employco-in-the-news\/hr-newsletter\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4212,"url":"https:\/\/www.employco.com\/blog\/2022\/09\/14\/hr-newsletter-job-openings-rise-in-july-with-employee-quits-trending-down\/","url_meta":{"origin":5402,"position":4},"title":"HR Newsletter: Job Openings Rise in July, with Employee Quits Trending Down","author":"Employco USA","date":"September 14, 2022","format":false,"excerpt":"The U.S. Bureau of Labor Statistics (BLS) recently released its July Job Openings and Labor Turnover Summary. The month\u2019s reported number of job openings rose to 11.2 million in July, compared with 11 million in June. Openings in July were well above the estimate and still outnumbered unemployed workers by\u2026","rel":"","context":"In "HR Newsletter"","block_context":{"text":"HR Newsletter","link":"https:\/\/www.employco.com\/blog\/category\/employco-in-the-news\/hr-newsletter\/"},"img":{"alt_text":"U.S. Bureau of Labor Statistics (BLS)","src":"https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/September2022_BLS.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/September2022_BLS.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/September2022_BLS.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/September2022_BLS.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/September2022_BLS.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":5536,"url":"https:\/\/www.employco.com\/blog\/2024\/09\/17\/hr-newsletter-majority-of-employees-likely-to-stay-in-current-job\/","url_meta":{"origin":5402,"position":5},"title":"HR Newsletter: Majority of Employees Likely to Stay in Current Job","author":"Employco USA","date":"September 17, 2024","format":false,"excerpt":"Recent reports have found that most employees are choosing to stay with their employers. 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