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Rigid Compensation Practices May Be Triggering Today's High Turnover Rates; Traditional compensation plans are failing to meet the needs of many millennial and Generation Z employees. Elliot Dinkin of Cowden Associates, urges employers to set aside the co

Feb 17, 2020 - PR Newswire

PR Newswire

PITTSBURGH, Feb. 17, 2020 /PRNewswire-PRWeb/ -- A recent report from ADP Research Institute shows the current average employee turnover rate in the United States is 60%.(1) "One of the most often cited reasons for job-hopping is dissatisfaction with compensation," saysCowden Associates CEO Elliot Dinkin, a nationally known expert in actuarial, compensation, and employee benefits issues. "Many employees, especially in the millennial and Gen Z age groups, feel that their compensa...