Tag: great resignation

As great resignation trend slows, here’s how companies are enticing ex-employees back

There was muted celebration in HR departments across the U.S. when, on Apr. 4, the latest data release on employment from the Bureau of Labor Statistics indicated that the Great Resignation may have finally slowed down – if not quit – in some so-called knowledge-working industries. However, the trend was still evident in many blue-collar industries.

“It’s no surprise that blue-collar workers are continuing their exodus while office workers have quickly realized the grass probably isn’t greener,” said Leslie Tarnacki, global CHRO for WorkForce Software. She argued the findings proved that if employees were handed the flexibility, autonomy, and “proper tools to fulfill their roles efficiently,” they were “far more likely” to stay with their organizations.

Michigan-based Tarnacki explained the slowdown of the Great Resignation for desked workers. “Much of it was spurred by a demand for flexibility and better work-life balance, which most employers have been able to deliver in some way with remote working and flexible hours,” she said. “For front-line and deskless shift workers, demands have not been so easily met.”

What should business leaders of blue-collar workers take away from the new Bureau of Labor Statistics data? How can they, too, halt the ongoing Great Resignation trend for good? 

The full version of this article was first published on Digiday’s future-of-work platform, WorkLife, in April 2023 – to read the complete piece, please click HERE.

Why employee turnover is more contagious than ever

In the hybrid-working era, job departures are more contagious than ever.

When a teammate goes — whether pushed or pulled — it leaves colleagues reflecting on their positions while having to pick up the extra slack. And it means they are 9.1% more likely to head for the exit, too, according to a new report published in mid-November by global employee analytics and workforce platform Visier.

As the Great Resignation shows no sign of breaking stride, this statistic could become a thornier issue for business leaders and HR professionals.

A cluster of departures is also incredibly destabilizing for any organization and could lead to a recruitment scramble. This desperate-but-necessary tactic might plug the gaps before more employees leave, but the rush to hire could be a misstep if they turn out to be a bad fit for the company.

Piers Hudson, senior director of Gartner’s HR functional strategy and management research team, agreed with this insight. “Smaller teams have micro-cultures, so when someone goes, it is worse as a trigger point,” he said.

As such, Hudson was not shocked by the 9.1% figure. “If anything, I was surprised it wasn’t higher,” he said. “Any departure would lead you to reconsider your role. It might raise things like your compensation and whether the person who has left is being paid more elsewhere.”

The full version of this article was first published on DigiDay’s future-of-work platform, WorkLife, in November 2022 – to read the complete piece, please click HERE.

HR teams admit fault for why most new hires aren’t working out

Most human resource departments across the planet are feeling deep buyer’s remorse, according to new research.

Thomas International, a talent assessment platform provider, surveyed 900 HR professionals globally and found nearly two-thirds (60%) of new hires are not working out. And the majority of respondents blamed themselves for effectively taking shortcuts that turned out to be dead ends.

Nearly half (49%) of hiring managers said recruits were unsuccessful because of a “poor fit between the candidate and the role,” and 74% admitted to compromising candidate quality due to time pressures in response to the Great Resignation and a tight labor market.

It seems that this post-job-move remorse hasn’t just been a burden on HR teams, but the new hires themselves. “We see a higher level of regretted choices because things have not worked out the way the candidate had hoped,” said Piers Hudson, senior director of Gartner’s HR functional strategy and management research team, referencing trends his organization’s proprietary data has highlighted.

However, he added that overall, there has been an “elevation in expectations,” particularly among younger generations, that employers are finding it difficult to live up to.

The full version of this article was first published on DigiDay’s future-of-work platform, WorkLife, in November 2022 – to read the complete piece, please click HERE.

Employers should focus on improving employees’ experiences in 2022, say experts

People are at odds with their employers on what makes a great employee experience — a disconnect that will need to be swiftly rectified in 2022 if businesses are to retain their talent, according to analysts and workplace experts.

We asked a range of execs what they predict will be the top priorities for business leaders in 2022, and alongside finessing what the right hybrid models are, fixing the employee experience emerged as another major theme.

This article was first published on DigiDay’s WorkLife platform in December 2021 – to continue reading please click here.