Learn more about leadershipandmanagement with this collection
Ways to counter the Great Resignation
Strategies for making better decisions
Tips for giving effective feedback
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.
- However, the top three factors employees mentioned for quitting were that they didn't feel valued by their organisations (54%) or managers (52%) or because they didn't feel a sense of belonging at work (51%).
The findings highlight that employees prioritise relational factors, while employers focus on transactional ones.
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122 reads
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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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80 reads
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 ...
24
285 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...
20
104 reads
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 ...
20
157 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.
20
104 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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127 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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105 reads
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