BOMA2022

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Employee Turnover: Why There is No Need to be Resigned (Room Music City Center - 204)

Among the unforeseen aspects of the "new normal" has been a marked increase in employee turnover across a broad swath of the economy. Many Baby Boomers have accelerated their retirement plans, while countless others have sought - and received - higher pay and better working conditions. For an industry already struggling to replace the institutional knowledge of its leadership layer, not to mention helping clients adjust to an entirely new way of using workplaces, the Great Resignation came at a difficult moment. But there is no need to despair. As with every challenge, a tight, churning labor market presents opportunities to build a talent advantage.