Remove 2019 Remove 2022 Remove Retirement Remove Salary
article thumbnail

The Real Reasons People Are Quitting by Bonnie Low-Kramen

Bonnie Low Kramen

The news stories focus on completely legitimate reasons for why this is happening, such as staff taking early retirement, fears about Covid and not wanting to return to the office, lack of childcare, and of course, the search for better jobs at higher compensation. It costs a company 6-9 months of an employee’s annual salary to replace them.

Salary 105
article thumbnail

During a Recession, Entrepreneurs Are in the Driver’s Seat

Success

A 2019 report from the U.S. Small Business Administration Office of Advocacy found that “the median net worth of self-employed families at $380,000 in 2019 was over four times that of families of workers ($90,000).”. And companies that weren’t cutting jobs cut benefits, from retirement funds to healthcare coverage.

2021 246