Managing virtual teams is becoming more of a rule than an exception as the workplace becomes more global. Virtual teams have their own set of communication issues. According to research, the problem becomes more acute in a remote workplace with more intense and complex behaviors.
Consider what the company loses when a valuable employee leaves: innovative product ideas, outstanding project management, and client relationships, to name a few. With advancements in Artificial Intelligence, it is now possible to not only predict but also understand the main factors that affect employee attrition.
In today’s hyper-competitive business landscape, waiting for the right candidate to match the company’s requirements might not be a good option. The recruiters must be proactive in their approach and reach out to potential talent who are comfortable in their current jobs.
The advent of COVID-19 has severely impacted businesses all over the world irrespective of their size and industry. The one quality among employees that can help businesses ride such storms is persistence.