When Workers Can’t Afford to Stay on the Job

Across the country and around the globe, people are facing historic inflation and other cost-of-living pressures, adding significant financial strain and concerns for their future financial security. Given the enormous media attention to these trends, this is hardly surprising. What is surprising, however, is how these conditions are impacting employee retention.

Financial Strain May Lead to Turnover

One could be forgiven for assuming that employees facing financial strain would hold onto their jobs for dear life.