By now everyone is familiar with the Great Resignation. Since the pandemic, the number of Americans quitting their jobs has soared, averaging in excess of four million workers per month for the last year. Now, it appears many Americans regret their decision to quit their jobs.
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According to CareerBuilder, nearly three in four small business owners admit to hiring the wrong person for a position.
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Throughout history, social upheaval has often been one consequence of pandemics, and this time is no different. The newfound leverage of today’s workers has left many employers struggling to find the right level and mix of incentives that will attract and retain employees during what is being coined “The Great Resignation.”
Read MoreThere many critical decision points that advisors face when contemplating additional staff.
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