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Why Senior Employees Aren’t Retiring

January 13, 2020

Via: HR Hero
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More of the workforce remaining for the long haul can be great for the employer. After all, this means more industry and organizational knowledge is kept in-house, customer relationships are continued, and loyal employees stay on, resulting in better retention rates and fewer vacancies.

However, there are downsides, too, especially for a growing organization. In an organization with a lot of new employees or employees looking to advance, one of the biggest issues caused by having a lot of long-tenured employees is the concurrent lack of mobility for those who are ready to take on senior roles. This can cause frustration and resentment among those who feel they should be able to advance.

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