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Staff dilemma for firms amid falling productivity

The rise in the quit rate has been called the "Great Resignation." [iStockphoto]

Businesses seem to be in a catch-22 situation on how to motivate their employees and win back contractors in a bid to increase their productivity.

As businesses work to recover from the effects of the Covid-19 pandemic, they are now confronted with a new challenge of falling output amid a looming recession and the seemingly uncontainable wave of technology that glorifies the gig economy.

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