Finding and keeping quality employees is getting harder, and it will not improve soon. A 2018 article stated that by 2030 we will face a global talent shortage of 85.2 million people.
Consequently, it is becoming imperative for companies to keep talented workers. The 2018 Workforce Retention Report concluded that 28.6% of employees left a job that year and that number will rise to 33% by 2020. The cost of replacing each of these people is estimated at about 20% of their annual salary.