Silhouette of business people standing in a room Leadership teams that share openly, admit mistakes, and celebrate success stand a far better chance of attracting and retaining high-performance teammates. (Photo: Shutterstock)

Business leaders across the U.S. are struggling to attract and retain top-tier talent. Nearly 48 million people quit their job last year, and this trend shows no sign of slowing in 2022. In May of this year, 11.3 million job vacancies were reported. Reasons for this mass employee exodus range from individuals leaving for higher-paying and more flexible positions to following a life-long career dream or caring for a loved one.

Regardless of the impetus, in today’s competitive job market, employers must try hard to keep their top-tier employees from leaving while actively hiring new talent.

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