Workplace disruption is relentless with unforeseen challenges being presented in many ways. In today’s market, the most common form of workplace disruption companies face is employee retention. Over the last year employees have left their jobs at a significant pace leaving employers challenged to accomplish their day-to-day responsibilities. Workforce retention is crucial to the success of your business. And tenured employees bring strong expertise and knowledge to the table. But as the trend continues upward with job resignations up 23% in March 2022¹ from pre-pandemic levels employers are losing their most valuable assets at a rapid pace.
Unfortunately, the reality is companies across the country are still trying to fill vacant positions impacted by ‘great resignation’ and are now having to consider that the possibility of a recession has significantly increased. This substantial disruption in the workplace comes with challenges across all aspects of a company often leaving companies scrambling to get necessary work done with limited resources. And, at the top of the list is your entity compliance obligations.
