November 2022
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TD Magazine

The Great Retention

Tuesday, November 1, 2022

By now, you have undoubtedly heard of the Great Resignation, the trend of people across various industries becoming fed up with aspects of their job during the pandemic and opting to leave. The Great Resignation wasn't just a couple of buzzwords thrown together. According to the US Bureau of Labor Statistics, 71.6 million people left their jobs from April 2021 through April 2022. That's about 3.98 million Americans quitting each month. That number jumped up to 4.5 million people in November 2021.

Prem Bhatia and John Duisberg, cofounders of employee engagement platform Cooleaf, host The Great Retention pod-cast and speak with leading business executives about steps to combat the wave of employees leaving their jobs. Bhatia and Duisberg aim to glean what steps executives are taking to support their employees and build inclusive work environments.

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In the third episode, they speak with Richard Koppelman, CEO of Aprio, who discusses how his company became the 35th-largest accounting firm in the US and landed on Glass-door's Best Places to Work in 2022 list. Another episode features Greenhouse Software Chief People Officer Donald Knight, who speaks about diversity, equity, and allyship in the workplace.

Episodes run between 18 and 32 minutes and are available wherever you listen to your podcasts.

About the Author

The Association for Talent Development (ATD) is a professional membership organization supporting those who develop the knowledge and skills of employees in organizations around the world. The ATD Staff, along with a worldwide network of volunteers work to empower professionals to develop talent in the workplace.

1 Comment
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I suggest looking at what industry leaders do. Having worked with Southwest Airlines and Costco, I know they partner with their employees in serving their customers profitably. They delight their customers, outperform their competitors and engage their employees in the process. These articles provide more background on the partner concept:
https://hbr.org/2018/01/more-than-a-paycheck
https://www.forbes.com/sites/fotschcase/2016/05/31/engage-your-employees-in-making-money/
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