Mar 2, 2021 - Ratan Tata is exiting Lenskart with returns of almost five times the investment

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TradeBriefs Editorial

From the Editor's Desk

Is Quitting Contagious?

Turnover prompts people to question their place within the company. How is your organization addressing this concern?

Employee retention is a top-of-mind concern for any organization looking to be competitive in today's market. For all that technology has to offer, in our knowledge-based global economy a company's primary assets are still its employees. It's concerning - and somewhat of a red flag - when employees quit in succession. Why does the departure of a key team member serve as the catalyst for turnover? While there are a number of reasons why employees may decide to leave an organization, including job satisfaction and organizational and economic market factors, an often overlooked reason may be their coworkers. When a group of employees leave an organization in a rapid cycle, it may be due to the influence of their immediate peer group.

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