> the company’s much-vaunted employee retention statistic
In a job market with more candidates than jobs, why would you need to an employee retention statistic? The reality is that in the current job market, regardless of your employment status or your work, your value has greatly diminished.
Sadly, this is true, but this company was world-famous for insanely high-Quality products. It was definitely crucial to their brand. They needed to attract top-shelf talent, and that brand reputation was important for this. I worked as a peer, with some of the top scientists and engineers in my field.
That reputation took a big hit, over the the time that I worked for them. I think they damn near went belly-up, after 100 years.
They seem to be (slowly) getting their act together, once again. I sincerely wish them luck.
In a job market with more candidates than jobs, why would you need to an employee retention statistic? The reality is that in the current job market, regardless of your employment status or your work, your value has greatly diminished.