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Report: Many companies are about to have serious retention problems

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September 16, 2008
1 minute read
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What’s one big reason many employees are likely to look for new jobs soon?
Answer: Gas prices.
In a recent survey by Beyond.com, 20,000 employees were asked what steps they’re considering to help lighten the burden of rising fuel costs. The bad news for employers: 79% answered “finding a job closer to home.”
What can employers do to keep them on board? Offering employees some assistance before they start looking through the classifieds could help.
Besides switching employers, workers were also interested in:

  • telecommuting (13%)
  • taking public transportation (6%), and
  • carpooling (2%).

By helping employees implement those three choices, companies may avoid a potentially serious turnover problem.

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HRMorning, part of the SuccessFuel Network, provides the latest HR and employment law news for HR professionals in the trenches of small-to-medium-sized businesses. Rather than simply regurgitating the day’s headlines, HRMorning delivers actionable insights, helping HR execs understand what HR trends mean to their business.

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