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The Big Stay Phenomenon Prompts Low Attrition Rates in 2024

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The “Big Stay” phenomenon has quickly replaced the Great Resignation and employees are choosing stability over job hopping once more. The workforce stability trends are a good sign and low attrition rates in 2024 have made more than one employer happy, but these numbers may not be as permanent as many hope. The number of layoffs and the significant size of the job cuts across industries is quite concerning. Enough so that employees have been scared into holding on to their jobs rather than opting to stay there by choice. The post-Great Resignation trends need to be studied more carefully

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