In the past couple of years, employees took the time to reflect, questioning whether the work they were doing was what they wanted to do long-term.
Now, with organizations hiring again, employees are taking advantage of new opportunities, including the now numerous remote work opportunities. And they are leaving in record numbers: 💠 In December 2021, the Bureau of Labor Statistics reported that 4.3M employees quit their jobs. Whereas in the past people were tied to local jobs, now employees can consider jobs with companies anywhere. As they search for better treatment, better pay and benefits, more purpose, and more flexible schedules. Meaning that if employers don't want to lose great employees, retention should be top of mind. 𝘼𝙣𝙙 𝙩𝙝𝙚 𝙬𝙖𝙮 𝙩𝙤 𝙧𝙚𝙩𝙖𝙞𝙣 𝙮𝙤𝙪𝙧 𝙚𝙢𝙥𝙡𝙤𝙮𝙚𝙚𝙨 𝙛𝙤𝙧 𝙡𝙤𝙣𝙜𝙚𝙧 𝙞𝙨 𝙩𝙤 𝙚𝙣𝙜𝙖𝙜𝙚 𝙩𝙝𝙚𝙢! Of course, being fairly compensated is a minimum requirement, and flexibility is certainly important to large numbers of employees. But these things by themselves are not enough to engage employees. Rather, it is critical to put the core, fundamental practices that drive engagement and improve culture in place, in the right order, such as: ✅ Recognition, ongoing feedback and career development opportunities. ✅ A job with purpose and meaning is also critical ✅ Plus leaders who genuinely care, who are willing to hold people accountable, and make difficult decisions if necessary. In short, an organization with a great culture. Because it’s an employee’s market, and if their current employer is not providing all of the above, employees will find a company that will. One that has already realized that engaging employees and having a great culture is the core differentiator in today’s market.
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AuthorNia is passionate about engaging employees and cultivating compassionate cultures, a win-win for both employers and employees. Archives
November 2024
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