Turning the tide - Deepstash
Countering The Great Resignation

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Countering The Great Resignation

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Turning the tide

Companies put their businesses at risk by not understanding what their employees are running from and what they might gravitate to. Many employers also fail to invest in a more fulfilling employee experience and fail to allow for autonomy and flexibility at work, causing employees to withdraw deliberately from the traditional way of full-time employment.

It can be different if companies make an effort to understand better why employees are leaving and take action to retain them.

21

164 reads

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Why employees are quitting

A record number of employees are quitting or thinking about it, disrupting businesses everywhere.

Companies don't know how to address the problem because they don't really understand why their employees are leaving in the first place. Instead of taking the time to find out ...

26

292 reads

Employees want development opportunities

Employees seek jobs with better, stronger career trajectories. They need recognition and development.

Smart companies reward and recognise people for good work by promoting them into new roles and additional levels within their existing ones.

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109 reads

Employers can't fix what they don't understand

To reduce the prevailing trend, senior executives should understand why employees are leaving.

  • Executives cited compensation, work-life balance, and poor physical and emotional health as the reasons why their people had quit.Β 

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128 reads

How to turn attrition into attraction

The pandemic has irrevocably changed what people expect from work. Heavy-handed office policies are likely to backfire. The best move for a CEO is to pause and consider the next actions together with their employees.

Consider the following questions:

  • Do we shelter toxic l...

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109 reads

Changing employee benefits

Free parking or entertainment-related perks are not of concern to employees right now.

A survey among respondents who had left their jobs showed 45% needed to take the care of their family into consideration. Expanding childcare, nursing services, or other family-focused be...

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109 reads

Building a sense of community

Remote work is not ideal, but neither is a full on-site return. Employees' needs and expectations have changed, and it will require considerable management attention to encourage connectivity.

For example, one organisation encouraged connectivity among employees by offering...

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86 reads

The Great Attrition will probably continue

Executives are misguided if they think employee attrition is easing or limited to specific industries. Surveys across five countries (Australia, Canada, Singapore, the United Kingdom, and the United States), show that over 40 % of workers are likely to quit in the next three to six months...

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133 reads

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Learning and Development Activities

Learning and Development Activities

Companies that want high-performing employees and retain them should allow themselves to invest in learning and development programs. This allows the employees to accomplish their goals - both now and in the future.

Remember: A company is the sum total of what emp...

Upskilling and the Great Resignation

Upskilling and the Great Resignation

During the Great Resignation, companies increasingly invest in upskilling to keep their workforce engaged.

A recent Amdocs survey showed that 90 percent of respondents considered training and upskilling programs an important feature of prospective employers. In the tech industry, it is...

Keeping employees happy post-pandemic

Employers wondering how to keep their employees happy post-pandemic don’t have to look far. Office workers are placing more and more value on the flexibility and personal autonomy that remote work provides far from the distractions of the office.Β 

An April 2021 FlexJobs sur...

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