Research: To Retain Employees, Promote Them Before the Job Market Heats Up

Research: To Retain Employees, Promote Them Before the Job Market Heats Up

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For a moment, let’s flash back to 2020: a year when disruptions triggered by the Covid-19 pandemic forced many firms to freeze hiring or lay off workers, creating a labor market in which those looking for work far outstripped open positions. One year later, as the pandemic eased and the economy reopened, firms found themselves in the opposite situation, struggling to fill an excess of open roles. This economic shift helped catapult the Great Resi

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