Why a promotion can actually nudge an employee out the door
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WORKFORCE MANAGEMENT: While many industries would agree that the turnover rates witnessed during the Great Resignation have slowed down in the last year, employees are still more than willing to walk away — even when their good work has been formally recognized.
ADP Research , which focuses on labor market and employee performance research, analyzed the job histories of over 1.2 million Americans, looking at employee commitment and retention in their quarterly Today at Work report. What they found spells trouble for employers: Within a month of their first promotion, 29% of employees left their employer. If they hadn't been promoted, only 18% would have left.?But this doesn't mean you should never give your employees a promotion — here's why:
ARTIFICIAL INTELLIGENCE: Employees are worried about how much their knowledge on artificial intelligence could impact their career prospects, and many are over-embellishing their skills in an effort to stay ahead of the curve.?
While 60% of employees agree that AI will make them more productive at work, according to a recent survey from Canva , 26% admit to sometimes exaggerating their knowledge of AI or generative AI to keep up with superiors or colleagues. While 72% of professionals said they were familiar with the term "artificial intelligence," the number dropped to 51% when asked about familiarity with "generative AI."?Employers can get their workforce up to speed, and it doesn't take a huge effort. Here's where to start:
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MENTAL HEALTH: Now that parents have dropped their children off at college for a new school year , they're heading back home alone. The transition can lead to an unexpected emotional dip.?
"'Empty nest syndrome' is a really interesting phenomenon for parents who have built a life around a child being in their house, and then the kid leaves the nest," says Laurel McKenzie , behavioral scientist at digital coaching platform, CoachHub - The digital coaching platform . "The symptoms and effects of losing a really important emotional connection in your life can come up as depression, anxiety and a loss of identity."?Here's how to spot the signs, and what to do next:
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