Losing your top performers' stings. And sadly, the high turnover rates of high performers show no signs of stopping. Based on a 2022 PwC survey, 1 in 5 stated they were "very likely" or "extremely likely" to switch companies. In addition, companies can expect to lose 20% of their workers in the rest of the year due to voluntary resignation - while Society for Human Resource Management (SHRM) estimates that the average cost per hire was about $4,700. 

This is a scene that many employers and team leaders fear as it can disrupt many things, including team morale and performance. Although resignations are generally unpredictable, there are a few strategies you can take note of to prevent the negative consequences of the exit.  

Workers are resigning numbers this year, making an already difficult post-pandemic season nearly unmanageable for HR. It's no longer just about finding new talent - which is challenging in this job market - but also about retaining the talent you have already.

Quiet firing occurs when an employer creates a hostile work atmosphere in the hopes that an employee will quit.

According to a recent poll of Southeast Asian employees, the majority of them only call it job-hopping if an employee stays in a position for less than a year. Is this a good thing?

In a non-solicitation clause, the employee agrees not to solicit the company's business clients or colleagues after leaving to join or work for a competitor.

Malaysia is experiencing higher-than-usual turnover rates mainly due to employees' dissatisfaction with wages and benefits, and a lack of career progression opportunities.

In a recent study, Microsoft predicted that over 40% of workers worldwide are considering leaving their jobs. Here are the reasons why:

The Social Security Organisation (SOCSO) 's Employment Insurance System is observing the LOE trend daily to provide protection to workers who have lost their jobs for various reasons.

Some say that there's no point in exit interviews if the organisation is broken. But others think that exit interviews are a great way for a company to learn from its mistakes.