Dr. Mary-Clare Race Of LHH On The Labor Shortage & The 5 Things We Must Do To Attract & Retain Great Talent | New York Times
Have candid conversations with employees about their professional interests and career goals and take action to support those interests. Many employees are leaving their current roles to learn a new skill in a different industry. It’s worth the investment to offer skills development programs or coordinate a transfer to a new internal role to retain a valued employee. Leaders also need to be proactive and diligent about checking in with employees on their satisfaction with their career prospects and their mental health.
The economist David Rosenberg says it’s not just possible but likely that the U.S. economy will fall into a recession this year, partly because, he says, the Federal Reserve will go too far in raising interest rates to fight inflation, which is at a 40-year high.
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