CAHRS Academic Director Shares Retention tips
Though U.S. employers kicked off 2024 with the addition of 353,000 new jobs, the job-switching trend that catalyzed The Great Resignation continues at near record-setting levels. Some sectors are experiencing greater churn than others. At 5 percent, the quit rate in hospitality is significantly outpacing other industries, and engineers are increasingly seeking new professions altogether.
As director of the Center for Advanced Human Resource Studies and the William J. Conaty Professor of Strategic Human Resources at the Cornell ILR School, Bradford Bell contends that while attracting top talent remains crucial, retention is the real test of organizational resilience. He recently shared three steps organizations can take to keep their best employees.