Research: To Retain Employees, Promote Them Before the Job Market Heats Up

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Research: To Retain Employees, Promote Them Before the Job Market Heats Up

Labor markets regularly swing from firm-friendly to job seeker–friendly, causing organizations to fluctuate greatly in terms of the number of employees at hand to meet customers’ needs. But is there a way employers can future-proof their workforce, encouraging talent to stay when jobs are plentiful? Drawing on turnover data for over 11,000 managers from 2018 to 2023 (including pre-pandemic, pandemic, and “Great Resignation” labor shifts), resear…