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If conducted by an external consultant, this method can be expensive. It's also sometimes the case that the human resources professional who might conduct the interview, could be part of the employee's reason for leaving (e.g. I was overlooked in the pay review while on parental leave and my HR person wouldn't return my calls).
Generation Yers are job hoppers. From bad management to low pay, there are numerous reasons why young, 20-something professionals are constantly moving from one job to the next.
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However, according to the Paychex survey, 21% of job quitters missed working in an office, with regret being most felt among Gen Zers. ... 80% of Recent Quitters Miss Their Old Jobs: 3 Reasons Why ...
The Great Resignation, also known as the Big Quit [2] [3] and the Great Reshuffle, [4] [5] was a mainly American economic trend in which employees voluntarily resigned from their jobs en masse, beginning in early 2021 during the COVID-19 pandemic. [6]
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Employee attrition, employee turnover, and employee churn all refer to an employee quitting the job, and are often used as synonyms. For the first two terms, the difference is due to the context, i.e., the reasons for the employee leaving.
Image source: Getty Images. Leaving a job, whether planned or unexpected, certainly brings many changes -- neither all good nor all bad. This is especially true when it comes to your finances.