Newsletter Article
Member Benefit
Published Fri Dec 10 2021
Make no mistake—the Great Resignation is not a passing fad, and if leadership doesn’t take it seriously, they may find themselves with tremendous workforce challenges on their hands. The numbers don’t lie. Approximately 12 percent of the workforce has quit since April, and an estimated 95 percent of people are considering changing jobs. The biggest demographic section involved is midrange employees who are between ages 30 and 45. If you don’t want to be on the receiving end of the Great Resignation, there are a few things to consider. First, you need to create a workplace that will convince people to stay. At the bare minimum, this means offering a living wage, a safe work environment, and a culture where everyone is treated fairly. Perks like free childcare and college tuition don’t hurt if you want to attract top talent. It’s also important to take your employee’s mental health seriously. Look for signs of burnout and actively address the issue before it becomes insurmountable. Recognition goes a long way in improving retention, as does creating and clearly communicating paths for promotion. Professional development is extremely important.
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