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Market commentary Nov 2024 Verified

PE-Owned Firms Experience Higher Employee Turnover

Citing the National Bureau of Economic Research, the article notes that private equity-owned companies see a 13% increase in employee turnover compared to non-PE-owned firms, which is particularly damaging in a relationship-based industry.

“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
Source: www.achrnews.com

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