When having to go through a talent replacement process, recruiters need to consider multiple criteria to prepare for the replacement, such as identifying the skills required.
Employee Productivity
In North America, a study showed that 63% of organizations keep track of the causes of employee turnover. These eye-opening statistics show that 81% of employees left for better opportunities, 62% were for family and personal reasons, 41% due to relocation, 39% for a better base salary, and 29% were for a career change. These statistics are not merely numbers but tremendous losses for an organization.
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