Employee turnover is at an all-time high, thanks to the Great Resignation. Employees are demanding to be valued and appreciated, and they want their salaries and benefits to reflect that. Many companies are now scrambling to hire after the nation’s “quit rate” reached a 20-year high in November of 2021. If your business is looking to hire in this new season of recruitment, here are some keys to ensure your ability to find the best candidates for your team:
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Companies across the United States are experiencing what has been dubbed the “Great Resignation.” Employees are seeking workplaces that value them and offer flexibility throughout their employment, as well as listen to their needs and wants. An issue that many businesses face is the variety of needs from their employees, which can make fostering that adaptable and responsive work environment difficult, to say in the least.
The Great Resignation is no stranger to many American businesses in 2022. After widespread job losses during the beginning of the COVID-19 pandemic, the United States experienced a 20-year high in its “quit rate” in November of 2021. While many reasons were cited for resigning, a lack of opportunity for growth was high on many employees’ lists:
Digital transformations are affecting every industry and every aspect of business, including Field Services. It can be used to solve traditional problems and challenges, with many benefits. When companies are complacent to the waves of digital transformation as they sweep through their industry, the results can be disastrous.
LightWork’s 9 Box Grid visually displays employees based on their current performance and future potential to help build a path for professional growth, both giving the employee a vision for the future and the company a guide for succession planning. Learn more about how it works in the infographic below.