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"Retaining Top Talent in a Changing Workplace"
The Great Resignation is here: Is your organization prepared to adapt?
The ongoing pandemic has ushered in a monumental shift in the way we live our everyday lives — especially when it comes to how we work. From now non-existent commutes to “Zoom fatigue”, the workplace is evolving — and so are people’s priorities.
As employees adjust to a post-COVID workplace, they’ve also had time to reflect on things like work-life balance and job satisfaction. And workplace priorities are realigning to meet these evolving needs.
As a result, millions of Americans are throwing in the towel in favor of something new. According to the U.S. Labor Department, more than 18 million people quit their job voluntarily between January and May, with an additional 3.9 million quitting in June.
And there’s no sign of letting up. In what has been dubbed ‘The Great Resignation’, a recent study found that more than 40% of workers are considering leaving their job in search of something better.
What’s more, the number of job openings in the U.S. economy jumped to a record-breaking 10.1 million in June — giving dissatisfied employees even more reason to jump ship while creating a growing concern for organizations grappling with how to get them to stay.
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