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Middle managers leave

November 01, 2005

The improved job market is leading to an exodus of middle managers at twice the rate of senior executives, according to a survey of managerial turnover.

Just over a third of the companies, 34 percent, had implemented new or revised retention programs while 31 percent have done the same for senior-level management.

The survey involved 168 companies and was conducted by Boston-based ClearRock, an executive coaching and outplacement group.

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