The Great Resignation has ended, but its impact hasn’t. In 2024, you could argue the response to “why employee retention is important” differs from before COVID-19 and “The Great Resignation.” This period led to a significant turnover rate, forcing businesses to rethink their employee retention strategies to enhance employee morale and engagement. The Great Resignation , also known as “The Big Quit” and “The Great Reshuffle,” shifted the way organizations view their work culture, putting pressure on human resource departments to assist in the reimagination of internal and external efforts. The value of employee retention became a focal point for businesses aiming to maintain stability. Though the phenomenon ended in 2023, with the quit rate returning to what it was around 2019, businesses across sectors haven’t forgotten the trends that emerged during the period, such as voluntary and quiet quitting — so popular that many organizations and human resource professionals ...