Employers must be prepared to offer better benefits, and more flexibility, says Monster’s global HR head. There is evidence that the “Great Resignation” is picking up steam—and burnout is largely to blame. If an ‘astounding’ number of workers are looking for new jobs, it’s good to also clarify that they are probably not all unemployed. New data finds a whopping 95% of workers say they are considering changing jobs, according to data recently […]
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This year, business leaders are preparing for what experts are coining “The Great Turnover Tsunami,” a tidal wave of employee turnovers due to pandemic burnout, among other factors.
While most employers are strategizing around retention, it’s also important to ensure that your company is a highly desired choice for top talent.
Turnover is happening, and this is regardless of whether or not you’re retaining your best team-members. 2021 is seeing a churn in the marketplace. In fact, a staggering 51% of American employees are seeking new opportunities. Therefore, millions of some of the most highly valuable workers will be available. It will become imperative that your company becomes the top choice for these top candidates.
Here are some of the things that your organization can do, so it can be well positioned to ride the great turnover tsunami.
Flexible and Remote Work
If there’s one thing that people learned last year, it’s that the majority of work can be done outside of the office. Therefore, work-from-home options are becoming a must when it comes to top choice employers, pandemic or not, great turnover tsunami, or not.
Recommended reading list:
- I Was Working 72 Hours a Week – It Was Cult-like
- The Great Turnover Tsunami – How to Adapt as Employer of Choice
- How Employers Can Keep 2021 From Being The Year of ‘I Quit’
- 7 Reasons You’re Unhappy At Work and Expert Advice on How to Fix Them
- Thinking About Resigning? Consider This First
You Have Control
Studies show that a boss’s work-life balance is an important factor in the work-life balance of their employees. And that if all of us can better utilize our downtimes, everyone will likely to be physically and emotionally healthier.
Recommended: The Third Space according to Adam Fraser is the transitional gap in between what we do. It is not what we do that is the most important. It is what we do, in between what we do, that is what’s the most important.