Follow the Leaders
The “Great Resignation” has received substantial media, policymaker and business attention. But what effect has it had on local businesses? Have the national record setting “quit” rates changed how local small to mid-sized companies are thriving?
The Virginia Council of CEOs (VACEOs) conducted a statewide survey of it’s members to gain perspective into talent and workforce issues at small and mid-sized businesses during these turbulent times. Seventy-four members participated and the results were analyzed by an independent firm.
The topline results are positive regarding headcount and turnover.
Although most Virginia companies have sustained or increased headcount, retaining employees has not been easy. Companies have adopted various strategies, with raises being the most common.
Download our FREE report “How CEOs Are Attracting & Retaining Great Talent in a Transformed Labor Economy – Experiences, perspectives and insights from 70+ local CEOs” to find out!
Virginia Council of CEOs (VACEOs) is a nonprofit organization connecting CEOs for learning and growth. Formed more than 20 years ago, member benefits include placement in a peer roundtable group and access to a thought leader network, and a robust program of events for learning and growth. This is not a networking group, but rather a group of CEO peers who are invested in the success of each member. To qualify for membership CEOs must run a business with $1M+ revenue and 5+FTEs. Learn more at www.vaceos.org.
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