Tag #Employee Turnover

elpais.com
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Record High Resignations in Spain Highlight Workplace Dissatisfaction

Rosa Sánchez's resignation exemplifies a growing trend in Spain: over 3.1 million people voluntarily left their jobs in 2024, a 49% increase since 2021, driven by factors like low salaries, lack of career progression, and poor work-life balance.

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24% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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Lack of Career Growth, Not Low Pay, Drives High U.S. Employee Turnover

A new Harvard study reveals that lack of career growth opportunities, encompassing both professional and personal aspirations, is the main reason for high employee turnover in the U.S., exceeding the impact of low pay or poor benefits, with 3.3 million workers quitting in October 2024 alone.

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36% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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U.S. Hospital Healthcare Worker Turnover Plummets

Aon's survey of 1,500+ U.S. hospitals shows that healthcare worker turnover is significantly decreasing, with only 7% reporting increased nurse turnover in 2024 compared to 62% in 2023, largely due to increased pay and benefits.

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36% Bias Score

Good Health and Well-being
welt.de
🌐 75% Global Worthiness
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German Job-Switching Willingness Decreases Amidst Economic Uncertainty

A recent Indeed survey reveals that 55 percent of German employees want to change jobs, down from 61 percent last year, primarily due to economic uncertainty and fear of job losses in a declining job market. The survey, conducted by Appinio, involved 549 employees aged 18-65.

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44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Hidden Costs of Low-Performing Engineering Teams

Low-performing engineering teams cost organizations significantly, with productivity losses ranging from \$210,000 to \$384,000 annually for a team of seven to eight engineers earning \$120,000 each; replacing an engineer adds another \$120,000-\$240,000, plus costs from delays and rework. Improving...

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48% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Luxury Retail Faces Mass Exodus as Employee Dissatisfaction Impacts Market

A survey of 12,000 luxury retail employees reveals that 51% plan to leave their jobs due to dissatisfaction with agency, value, and work-life balance; this, coupled with a 2% contraction in the luxury goods market, highlights a critical juncture for the industry.

Progress

36% Bias Score

Decent Work and Economic Growth