“Umasanker Kandaswamy, COO and Joint Director, Bruhat Insights Global says, “When a single star employee leaves the workplace, its costs the company tens of thousands of dollars and the overall productivity takes a step back. Which means, when numerous employees leave the workplace within a short span of time, it quickly runs up the costs. However, there are visible signs in the workplace that companies can turnaround to increase their retention ratio. In the era of millennials, many studies suggest that career advancement opportunities as one of the leading factors for employees to shift job opportunities.”
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Mass Exodus Of Employees: Can HR Pre-empt It?