With fewer people to hire and more of them failing to launch, employee retention has never been more important.

The labor trends show that employees are still quitting and the data suggests that they will continue to leave their jobs at the same rate over the next several months. We’re not going to win the battle for talent with wages alone.

The McKinsey Podcast, Slow down attrition: Focus on what workers want suggests that if companies understand the differences among five common employee personas, they may be able to find and retain talent more effectively. Click below to listen to the podcast, or here to read the article and podcast transcript.

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