Sentiment Nov 2024
PE-owned companies show higher employee turnover (13%)
Citing the National Bureau of Economic Research, the author notes PE-owned companies experience a 13% increase in employee turnover versus non-PE firms, risking loss of technical skills and client relationships in the trades.
“According to the National Bureau of Economic Research, private equity-owned companies experience a 13% increase in employee turnover compared to non-PE-owned firms.”
ElectricalHVACPlumbing Sentiment: Negative
Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.