Wooden figure replacing another more employers are considering offering enhanced benefits to top talent, particularly at larger firms where turnover has been higher. (Photo: Shutterstock)

Businesses are struggling with employee turnover, as 97% of companies that experienced an increase in turnover over the past 12 months said the pandemic had at least some effect on those losses, according to a report by Principal. Almost half of respondents said the pandemic had a major impact on their turnover, with larger companies — those that employ 50 or more people — reporting the biggest losses.

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