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Millions of people have quit their jobs this year. Leaving workplaces in record-high numbers, employees are forging new paths, reimagining what work means to them and leveraging the ongoing talent wars in search of promotions and better pay. This societal shift in the way people value and commit to their jobs carries numerous implications for organizations. Business leaders are scrambling to refresh and reinvest in programs that will fill open jobs and bring stability back to their workforces. These are necessary adjustments. However we need to include the additional impact it's set to have on corporate risk, compliance, security and investigations into the conversation.
Addressing these new and escalating risks is equally as business-critical as improving recruitment and retention practices to attract and keep employees, because when an employee leaves, the departure often (intentionally and inadvertently) triggers a series of possible problems relating to intellectual property (IP) loss, sensitive data protection and other legal and regulatory issues. This is not a new corporate challenge, but now in the wake of millions of Americans leaving their jobs (including a reported 4.4 million who voluntarily left their jobs in September alone), the potential fallout may be far greater than anyone could have anticipated.
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