SlideShare une entreprise Scribd logo
1  sur  27
Agenda
The Impact of
The Great
Resignation
Building
Resilience
Re-Igniting
Your Corporate
Superpower
Reclaiming The
Talent Market
Building
Community
Question and
Answer
Poll
What Is The Great
Resignation?
The Great Resignation is an ongoing
economic trend in which employees have
voluntarily resigned in mass numbers from
their jobs beginning in early 2021.
What Has Caused The
Great Resignation?
Possible causes include:
• Wage stagnation and the rising cost of living
• Long-lasting job dissatisfaction
• Safety concerns from the pandemic
• Remote working policies
The Great Resignation By The Numbers
Let’s Break This
Down
• While 42% of employees were already experiencing
burnout before the pandemic, that number skyrocketed
to 72%.
• When COVID-19 sent so many people home, employees
realized how powerful (and possible) it is to be able to
decide where, how, and when they work.
• Too many organizations have dismissed this shift, and
expect people to quietly return to the office.
Let’s Break This
Down
• Managers have the most influence on an employee’s job
satisfaction, wellbeing, and likelihood to stay at a
company. In fact, 57% of employees have left at least
one company because of their boss. But being a
manager isn’t intuitive
• Managers themselves are frustrated by the lack of
support from their employers. The employee retention
numbers reflect the frustration: as of December 2020,
the resignation rate for managers was nearly 12%
higher than the previous year.
Let’s Break This
Down
• Inflation reaches highest level since 1982 as consumer prices
jump 7% in 2021
• Living in areas with a higher cost of living usually
means workers have less disposable income, or money in
their bank accounts, after paying for the basics and need
higher incomes to live.
• 5.4 million new business applications were filed in 2021,
surpassing the record set in 2020 of 4.4 million.
• Individuals are finding other ways that align with their
passions to supplement incomes and way of living and
leaning less on corporations to support them
Let’s Break This
Down
• People who have been historically marginalized, on the other hand, are
being vocal about how much safer they feel working from home, where
they can escape (to some extent) the stress and burnout of constant
microaggressions and the sense of not belonging.
• An October survey of more than 10,000 workers from Future Forum,
found that 66% of Black respondents want a flexible schedule,
compared to 59% of White employees.
• The survey concluded that Black workers are happier in their jobs, and
have a more favorable view of their employer, when working remotely.
How Do We Build Retention
Resilience
How Do We Build
Resilience?
• When it comes to building resilience during this time,
you first need to understand that times have changed.
• Old ways of working or looking or engaging at
workforce is not going to work if we wan to be
competitive and have a good work environment for
our staff.
Building Resilience
1. Turnover is going to happen; ensure you
are establishing recruitment pipelines early
in the career stages
2. Create employee-centered development
programs
3. Listen to your staff and lean in
4. Provide community
Identifying Your Employer
Brand’s Secret Sauce
Re-igniting Your
Superpower
• Your superpower comes down to your company's
purpose – what purpose and value is your
organization fulfilling? What is its mission?
• Aligning your organization to that purpose.
• Strategizing your purpose for activation
Re-igniting Your
Superpower
• When you are able to connect your organization to its
purpose and align those principals that is your secret sauce
to creating true engagement.
• Engagement comes from wanting to be a part of something
that you believe in, that you connect with and that is
meaningful in some shape or form.
• From that single point, your superpower becomes the key
theme and thread of your engagement strategy for your
organization.
How To Reclaim The Talent
Market
Reclaiming The Talent
Market
• With your secret sauce you will be able to retain
internal talent but what about attracting new talent?
• Employees have different motivators, flexibility,
salary, the list goes on.
• Regardless of their key factor, one critical element
of reclaiming the market is providing community.
What Is Community?
What does community mean in the
workplace?
A community allows employees to feel a
sense of belonging, that they're part of
something larger than themselves, which
gives meaning to their work, and their lives.
How Does Community
Attract Talent?
• When you build a workplace community, word will
spread, and your employee will be your
advertisement.
• The engagement your current staff have it will be a
testimony to others who are looking for similar
environments and work opportunities.
• Through community, employees will share their
skills, experiences and connect with others.
How To Build
Community
1. Define company values collaboratively.
2. Establish expected behaviors.
3. Adopt radical responsibility.
4. Make onboarding employee-centric.
5. Transform managers into coaches.
Key Takeaways
The great resignation
trend is not over, we
need to continue to be
strategic in our
approaches
Focus on how to create
inclusivity and diversity
Learn to trust your
employees
Use the company’s
vision and mission to
bring and align
everyone
Create opportunity for
connection and to build
authentic community
Your employees are
your biggest asset;
treat them as such
The Impact of The Great Resignation and Building Workforce Resilience

Contenu connexe

Tendances

Mind The Gap - Managing Today's Multi-Generational Workforce
Mind The Gap - Managing Today's Multi-Generational WorkforceMind The Gap - Managing Today's Multi-Generational Workforce
Mind The Gap - Managing Today's Multi-Generational WorkforceBambooHR
 
10 Best Practices of a Best Company to Work For
10 Best Practices of a Best Company to Work For10 Best Practices of a Best Company to Work For
10 Best Practices of a Best Company to Work ForO.C. Tanner
 
5 Ways to Give Feedback that Elicits Real Change
5 Ways to Give Feedback that Elicits Real Change5 Ways to Give Feedback that Elicits Real Change
5 Ways to Give Feedback that Elicits Real ChangeBambooHR
 
Why employees quit organization
Why employees quit organizationWhy employees quit organization
Why employees quit organizationDebojite Bhowmick
 
20 Steps To Your Life Passion
20 Steps To Your Life Passion20 Steps To Your Life Passion
20 Steps To Your Life PassionBarrie Davenport
 
Talent Pipeline Playbook v7 Final
Talent Pipeline Playbook v7 FinalTalent Pipeline Playbook v7 Final
Talent Pipeline Playbook v7 FinalChris Bennett
 
4 Ways to Communicate Compensation That Drive Strategic Outcomes
4 Ways to Communicate Compensation That Drive Strategic Outcomes4 Ways to Communicate Compensation That Drive Strategic Outcomes
4 Ways to Communicate Compensation That Drive Strategic OutcomesBambooHR
 
Creating a Magnetic Culture
Creating a Magnetic CultureCreating a Magnetic Culture
Creating a Magnetic CultureSnag
 
11 Stats You Didn’t Know About Employee Recognition
11 Stats You Didn’t Know About Employee Recognition11 Stats You Didn’t Know About Employee Recognition
11 Stats You Didn’t Know About Employee RecognitionOfficevibe
 
Do You Struggle With Employee Recognition?
Do You Struggle With Employee Recognition?Do You Struggle With Employee Recognition?
Do You Struggle With Employee Recognition?Elodie A.
 
9 Ways to Be More Productive - Backed by Science
9 Ways to Be More Productive - Backed by Science9 Ways to Be More Productive - Backed by Science
9 Ways to Be More Productive - Backed by ScienceD B
 
Accelerate new hire productivity with 90+day onboarding
Accelerate new hire productivity with 90+day onboardingAccelerate new hire productivity with 90+day onboarding
Accelerate new hire productivity with 90+day onboardingCompettia
 
5 Steps To A Smart Compensation Plan
5 Steps To A Smart Compensation Plan5 Steps To A Smart Compensation Plan
5 Steps To A Smart Compensation PlanBambooHR
 
The Student's Guide to LinkedIn
The Student's Guide to LinkedInThe Student's Guide to LinkedIn
The Student's Guide to LinkedInLinkedIn
 
Working Remotely and Doing It Right
Working Remotely and Doing It RightWorking Remotely and Doing It Right
Working Remotely and Doing It RightColdFusionConference
 
Anatomy of a Successful Goal
Anatomy of a Successful GoalAnatomy of a Successful Goal
Anatomy of a Successful GoalWeekdone.com
 
How to Be Happy at Work - 10 Simple Tips That Work
How to Be Happy at Work - 10 Simple Tips That WorkHow to Be Happy at Work - 10 Simple Tips That Work
How to Be Happy at Work - 10 Simple Tips That WorkD B
 

Tendances (20)

Mind The Gap - Managing Today's Multi-Generational Workforce
Mind The Gap - Managing Today's Multi-Generational WorkforceMind The Gap - Managing Today's Multi-Generational Workforce
Mind The Gap - Managing Today's Multi-Generational Workforce
 
10 Best Practices of a Best Company to Work For
10 Best Practices of a Best Company to Work For10 Best Practices of a Best Company to Work For
10 Best Practices of a Best Company to Work For
 
5 Ways to Give Feedback that Elicits Real Change
5 Ways to Give Feedback that Elicits Real Change5 Ways to Give Feedback that Elicits Real Change
5 Ways to Give Feedback that Elicits Real Change
 
Why employees quit organization
Why employees quit organizationWhy employees quit organization
Why employees quit organization
 
20 Steps To Your Life Passion
20 Steps To Your Life Passion20 Steps To Your Life Passion
20 Steps To Your Life Passion
 
Work from home tips
Work from home tipsWork from home tips
Work from home tips
 
The Future of Work
The Future of WorkThe Future of Work
The Future of Work
 
Talent Pipeline Playbook v7 Final
Talent Pipeline Playbook v7 FinalTalent Pipeline Playbook v7 Final
Talent Pipeline Playbook v7 Final
 
4 Ways to Communicate Compensation That Drive Strategic Outcomes
4 Ways to Communicate Compensation That Drive Strategic Outcomes4 Ways to Communicate Compensation That Drive Strategic Outcomes
4 Ways to Communicate Compensation That Drive Strategic Outcomes
 
Creating a Magnetic Culture
Creating a Magnetic CultureCreating a Magnetic Culture
Creating a Magnetic Culture
 
11 Stats You Didn’t Know About Employee Recognition
11 Stats You Didn’t Know About Employee Recognition11 Stats You Didn’t Know About Employee Recognition
11 Stats You Didn’t Know About Employee Recognition
 
Do You Struggle With Employee Recognition?
Do You Struggle With Employee Recognition?Do You Struggle With Employee Recognition?
Do You Struggle With Employee Recognition?
 
9 Ways to Be More Productive - Backed by Science
9 Ways to Be More Productive - Backed by Science9 Ways to Be More Productive - Backed by Science
9 Ways to Be More Productive - Backed by Science
 
Accelerate new hire productivity with 90+day onboarding
Accelerate new hire productivity with 90+day onboardingAccelerate new hire productivity with 90+day onboarding
Accelerate new hire productivity with 90+day onboarding
 
5 Steps To A Smart Compensation Plan
5 Steps To A Smart Compensation Plan5 Steps To A Smart Compensation Plan
5 Steps To A Smart Compensation Plan
 
The Minimum Loveable Product
The Minimum Loveable ProductThe Minimum Loveable Product
The Minimum Loveable Product
 
The Student's Guide to LinkedIn
The Student's Guide to LinkedInThe Student's Guide to LinkedIn
The Student's Guide to LinkedIn
 
Working Remotely and Doing It Right
Working Remotely and Doing It RightWorking Remotely and Doing It Right
Working Remotely and Doing It Right
 
Anatomy of a Successful Goal
Anatomy of a Successful GoalAnatomy of a Successful Goal
Anatomy of a Successful Goal
 
How to Be Happy at Work - 10 Simple Tips That Work
How to Be Happy at Work - 10 Simple Tips That WorkHow to Be Happy at Work - 10 Simple Tips That Work
How to Be Happy at Work - 10 Simple Tips That Work
 

Similaire à The Impact of The Great Resignation and Building Workforce Resilience

CTA - 2015 Talent Trends Recap - preview
CTA - 2015 Talent Trends Recap - previewCTA - 2015 Talent Trends Recap - preview
CTA - 2015 Talent Trends Recap - previewJoan Graci
 
Age diverse work groups are more productive!
Age diverse work groups are more productive!Age diverse work groups are more productive!
Age diverse work groups are more productive!Joe Slade
 
Age and generations at work
Age and generations at workAge and generations at work
Age and generations at workTanya Kennedy
 
Employees Have Spoken - 7 Actions HR Should Take
Employees Have Spoken - 7 Actions HR Should TakeEmployees Have Spoken - 7 Actions HR Should Take
Employees Have Spoken - 7 Actions HR Should TakeCornerstone OnDemand
 
The Future of Employee Benefits: Trends to Retain and Attract Top Talent
The Future of Employee Benefits: Trends to Retain and Attract Top TalentThe Future of Employee Benefits: Trends to Retain and Attract Top Talent
The Future of Employee Benefits: Trends to Retain and Attract Top TalentAggregage
 
Cultivating Company Culture in Your Practice
Cultivating Company Culture in Your PracticeCultivating Company Culture in Your Practice
Cultivating Company Culture in Your PracticeWebPT
 
13 Part 5 And Chapter 13 Pp336-369.Pdf
13 Part 5 And Chapter 13 Pp336-369.Pdf13 Part 5 And Chapter 13 Pp336-369.Pdf
13 Part 5 And Chapter 13 Pp336-369.PdfAllison Thompson
 
6 Steps to Adapting Your Client Retention Strategy to Your Coworkers & Colla...
6 Steps to Adapting Your Client Retention  Strategy to Your Coworkers & Colla...6 Steps to Adapting Your Client Retention  Strategy to Your Coworkers & Colla...
6 Steps to Adapting Your Client Retention Strategy to Your Coworkers & Colla...M3S Total Talent Solutions
 
Aligning Employees with Change
Aligning Employees with ChangeAligning Employees with Change
Aligning Employees with ChangeOlogie
 
5 Strategies to Combat the Great Resignation
5 Strategies to Combat the Great Resignation5 Strategies to Combat the Great Resignation
5 Strategies to Combat the Great ResignationCBIZ, Inc.
 
Experienced Worker New Version Revised 3.2.2011
Experienced Worker New Version   Revised 3.2.2011Experienced Worker New Version   Revised 3.2.2011
Experienced Worker New Version Revised 3.2.2011mythicgroup
 
Susan McRoberts - Employee Value Propaganda
Susan McRoberts - Employee Value PropagandaSusan McRoberts - Employee Value Propaganda
Susan McRoberts - Employee Value PropagandaSarah Arnold
 
The power of staff engagement
The power of staff engagementThe power of staff engagement
The power of staff engagementAmy Simmons
 
Back End of Innovation - Why Purpose Matters
Back End of Innovation - Why Purpose MattersBack End of Innovation - Why Purpose Matters
Back End of Innovation - Why Purpose MattersShannon Lucas
 
Managing Between The Generations
Managing Between The GenerationsManaging Between The Generations
Managing Between The Generationsbkeenan
 
Attracting and Retaining Millennials
Attracting and Retaining MillennialsAttracting and Retaining Millennials
Attracting and Retaining MillennialsTim Finnigan
 
How to find employees in Romania and What motivates them?
How to find employees in Romania and What motivates them?How to find employees in Romania and What motivates them?
How to find employees in Romania and What motivates them?Ana Ber
 
Ready to Stretch? | February 2019
Ready to Stretch? | February 2019Ready to Stretch? | February 2019
Ready to Stretch? | February 2019BeLeaderly.com
 

Similaire à The Impact of The Great Resignation and Building Workforce Resilience (20)

CTA - 2015 Talent Trends Recap - preview
CTA - 2015 Talent Trends Recap - previewCTA - 2015 Talent Trends Recap - preview
CTA - 2015 Talent Trends Recap - preview
 
Age diverse work groups are more productive!
Age diverse work groups are more productive!Age diverse work groups are more productive!
Age diverse work groups are more productive!
 
Future of Work
Future of WorkFuture of Work
Future of Work
 
Age and generations at work
Age and generations at workAge and generations at work
Age and generations at work
 
Employees Have Spoken - 7 Actions HR Should Take
Employees Have Spoken - 7 Actions HR Should TakeEmployees Have Spoken - 7 Actions HR Should Take
Employees Have Spoken - 7 Actions HR Should Take
 
The Future of Employee Benefits: Trends to Retain and Attract Top Talent
The Future of Employee Benefits: Trends to Retain and Attract Top TalentThe Future of Employee Benefits: Trends to Retain and Attract Top Talent
The Future of Employee Benefits: Trends to Retain and Attract Top Talent
 
Cultivating Company Culture in Your Practice
Cultivating Company Culture in Your PracticeCultivating Company Culture in Your Practice
Cultivating Company Culture in Your Practice
 
13 Part 5 And Chapter 13 Pp336-369.Pdf
13 Part 5 And Chapter 13 Pp336-369.Pdf13 Part 5 And Chapter 13 Pp336-369.Pdf
13 Part 5 And Chapter 13 Pp336-369.Pdf
 
6 Steps to Adapting Your Client Retention Strategy to Your Coworkers & Colla...
6 Steps to Adapting Your Client Retention  Strategy to Your Coworkers & Colla...6 Steps to Adapting Your Client Retention  Strategy to Your Coworkers & Colla...
6 Steps to Adapting Your Client Retention Strategy to Your Coworkers & Colla...
 
Aligning Employees with Change
Aligning Employees with ChangeAligning Employees with Change
Aligning Employees with Change
 
5 Strategies to Combat the Great Resignation
5 Strategies to Combat the Great Resignation5 Strategies to Combat the Great Resignation
5 Strategies to Combat the Great Resignation
 
Experienced Worker New Version Revised 3.2.2011
Experienced Worker New Version   Revised 3.2.2011Experienced Worker New Version   Revised 3.2.2011
Experienced Worker New Version Revised 3.2.2011
 
Susan McRoberts - Employee Value Propaganda
Susan McRoberts - Employee Value PropagandaSusan McRoberts - Employee Value Propaganda
Susan McRoberts - Employee Value Propaganda
 
The power of staff engagement
The power of staff engagementThe power of staff engagement
The power of staff engagement
 
Back End of Innovation - Why Purpose Matters
Back End of Innovation - Why Purpose MattersBack End of Innovation - Why Purpose Matters
Back End of Innovation - Why Purpose Matters
 
Top 5 morale factors ebook revised
Top 5 morale factors ebook revisedTop 5 morale factors ebook revised
Top 5 morale factors ebook revised
 
Managing Between The Generations
Managing Between The GenerationsManaging Between The Generations
Managing Between The Generations
 
Attracting and Retaining Millennials
Attracting and Retaining MillennialsAttracting and Retaining Millennials
Attracting and Retaining Millennials
 
How to find employees in Romania and What motivates them?
How to find employees in Romania and What motivates them?How to find employees in Romania and What motivates them?
How to find employees in Romania and What motivates them?
 
Ready to Stretch? | February 2019
Ready to Stretch? | February 2019Ready to Stretch? | February 2019
Ready to Stretch? | February 2019
 

Plus de Aggregage

Planning your Restaurant's Path to Profitability
Planning your Restaurant's Path to ProfitabilityPlanning your Restaurant's Path to Profitability
Planning your Restaurant's Path to ProfitabilityAggregage
 
The Engagement Engine: Strategies for Building a High-Performance Culture
The Engagement Engine: Strategies for Building a High-Performance CultureThe Engagement Engine: Strategies for Building a High-Performance Culture
The Engagement Engine: Strategies for Building a High-Performance CultureAggregage
 
Driving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerDriving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerAggregage
 
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...Aggregage
 
The Retention Ripple Effect: Nonprofit Staff and Donor Dynamics
The Retention Ripple Effect: Nonprofit Staff and Donor DynamicsThe Retention Ripple Effect: Nonprofit Staff and Donor Dynamics
The Retention Ripple Effect: Nonprofit Staff and Donor DynamicsAggregage
 
Breaking the Burnout Cycle: Empowering Managers for Excellence
Breaking the Burnout Cycle: Empowering Managers for ExcellenceBreaking the Burnout Cycle: Empowering Managers for Excellence
Breaking the Burnout Cycle: Empowering Managers for ExcellenceAggregage
 
Strategic CX: A Deep Dive into Voice of the Customer Insights for Clarity
Strategic CX: A Deep Dive into Voice of the Customer Insights for ClarityStrategic CX: A Deep Dive into Voice of the Customer Insights for Clarity
Strategic CX: A Deep Dive into Voice of the Customer Insights for ClarityAggregage
 
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...Aggregage
 
How to Build an Experimentation Culture for Data-Driven Product Development
How to Build an Experimentation Culture for Data-Driven Product DevelopmentHow to Build an Experimentation Culture for Data-Driven Product Development
How to Build an Experimentation Culture for Data-Driven Product DevelopmentAggregage
 
Bridging the Gap: The Intersection of DEI Initiatives and Employee Benefits
Bridging the Gap: The Intersection of DEI Initiatives and Employee BenefitsBridging the Gap: The Intersection of DEI Initiatives and Employee Benefits
Bridging the Gap: The Intersection of DEI Initiatives and Employee BenefitsAggregage
 
Mapping Digital Transformation: Retail’s Strategic Shift
Mapping Digital Transformation: Retail’s Strategic ShiftMapping Digital Transformation: Retail’s Strategic Shift
Mapping Digital Transformation: Retail’s Strategic ShiftAggregage
 
AI & DEI: With Great Opportunities Comes Great HR Responsibility
AI & DEI: With Great Opportunities Comes Great HR ResponsibilityAI & DEI: With Great Opportunities Comes Great HR Responsibility
AI & DEI: With Great Opportunities Comes Great HR ResponsibilityAggregage
 
Can Brain Science Actually Help Make Your Training & Teaching "Stick"?
Can Brain Science Actually Help Make Your Training & Teaching "Stick"?Can Brain Science Actually Help Make Your Training & Teaching "Stick"?
Can Brain Science Actually Help Make Your Training & Teaching "Stick"?Aggregage
 
How Personalized Customer Experiences Drive Retail Growth and Revenue
How Personalized Customer Experiences Drive Retail Growth and RevenueHow Personalized Customer Experiences Drive Retail Growth and Revenue
How Personalized Customer Experiences Drive Retail Growth and RevenueAggregage
 
Your Expert Guide to CX Orchestration & Enhancing Customer Journeys
Your Expert Guide to CX Orchestration & Enhancing Customer JourneysYour Expert Guide to CX Orchestration & Enhancing Customer Journeys
Your Expert Guide to CX Orchestration & Enhancing Customer JourneysAggregage
 
The Resurgence of Direct Mail as a Growth Marketing Strategy
The Resurgence of Direct Mail as a Growth Marketing StrategyThe Resurgence of Direct Mail as a Growth Marketing Strategy
The Resurgence of Direct Mail as a Growth Marketing StrategyAggregage
 
Top 5 Ways to Optimize Your Loyalty Strategy
Top 5 Ways to Optimize Your Loyalty StrategyTop 5 Ways to Optimize Your Loyalty Strategy
Top 5 Ways to Optimize Your Loyalty StrategyAggregage
 
HR Pro Playbook: How to Navigate Global Workforce Expansion with Confidence
HR Pro Playbook: How to Navigate Global Workforce Expansion with ConfidenceHR Pro Playbook: How to Navigate Global Workforce Expansion with Confidence
HR Pro Playbook: How to Navigate Global Workforce Expansion with ConfidenceAggregage
 
A Tale of Two Case Studies: Using LLMs in Production
A Tale of Two Case Studies: Using LLMs in ProductionA Tale of Two Case Studies: Using LLMs in Production
A Tale of Two Case Studies: Using LLMs in ProductionAggregage
 
SME Relationships: Proven Solutions for Seamless Collaboration and Success
SME Relationships: Proven Solutions for Seamless Collaboration and SuccessSME Relationships: Proven Solutions for Seamless Collaboration and Success
SME Relationships: Proven Solutions for Seamless Collaboration and SuccessAggregage
 

Plus de Aggregage (20)

Planning your Restaurant's Path to Profitability
Planning your Restaurant's Path to ProfitabilityPlanning your Restaurant's Path to Profitability
Planning your Restaurant's Path to Profitability
 
The Engagement Engine: Strategies for Building a High-Performance Culture
The Engagement Engine: Strategies for Building a High-Performance CultureThe Engagement Engine: Strategies for Building a High-Performance Culture
The Engagement Engine: Strategies for Building a High-Performance Culture
 
Driving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerDriving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon Harmer
 
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
 
The Retention Ripple Effect: Nonprofit Staff and Donor Dynamics
The Retention Ripple Effect: Nonprofit Staff and Donor DynamicsThe Retention Ripple Effect: Nonprofit Staff and Donor Dynamics
The Retention Ripple Effect: Nonprofit Staff and Donor Dynamics
 
Breaking the Burnout Cycle: Empowering Managers for Excellence
Breaking the Burnout Cycle: Empowering Managers for ExcellenceBreaking the Burnout Cycle: Empowering Managers for Excellence
Breaking the Burnout Cycle: Empowering Managers for Excellence
 
Strategic CX: A Deep Dive into Voice of the Customer Insights for Clarity
Strategic CX: A Deep Dive into Voice of the Customer Insights for ClarityStrategic CX: A Deep Dive into Voice of the Customer Insights for Clarity
Strategic CX: A Deep Dive into Voice of the Customer Insights for Clarity
 
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
 
How to Build an Experimentation Culture for Data-Driven Product Development
How to Build an Experimentation Culture for Data-Driven Product DevelopmentHow to Build an Experimentation Culture for Data-Driven Product Development
How to Build an Experimentation Culture for Data-Driven Product Development
 
Bridging the Gap: The Intersection of DEI Initiatives and Employee Benefits
Bridging the Gap: The Intersection of DEI Initiatives and Employee BenefitsBridging the Gap: The Intersection of DEI Initiatives and Employee Benefits
Bridging the Gap: The Intersection of DEI Initiatives and Employee Benefits
 
Mapping Digital Transformation: Retail’s Strategic Shift
Mapping Digital Transformation: Retail’s Strategic ShiftMapping Digital Transformation: Retail’s Strategic Shift
Mapping Digital Transformation: Retail’s Strategic Shift
 
AI & DEI: With Great Opportunities Comes Great HR Responsibility
AI & DEI: With Great Opportunities Comes Great HR ResponsibilityAI & DEI: With Great Opportunities Comes Great HR Responsibility
AI & DEI: With Great Opportunities Comes Great HR Responsibility
 
Can Brain Science Actually Help Make Your Training & Teaching "Stick"?
Can Brain Science Actually Help Make Your Training & Teaching "Stick"?Can Brain Science Actually Help Make Your Training & Teaching "Stick"?
Can Brain Science Actually Help Make Your Training & Teaching "Stick"?
 
How Personalized Customer Experiences Drive Retail Growth and Revenue
How Personalized Customer Experiences Drive Retail Growth and RevenueHow Personalized Customer Experiences Drive Retail Growth and Revenue
How Personalized Customer Experiences Drive Retail Growth and Revenue
 
Your Expert Guide to CX Orchestration & Enhancing Customer Journeys
Your Expert Guide to CX Orchestration & Enhancing Customer JourneysYour Expert Guide to CX Orchestration & Enhancing Customer Journeys
Your Expert Guide to CX Orchestration & Enhancing Customer Journeys
 
The Resurgence of Direct Mail as a Growth Marketing Strategy
The Resurgence of Direct Mail as a Growth Marketing StrategyThe Resurgence of Direct Mail as a Growth Marketing Strategy
The Resurgence of Direct Mail as a Growth Marketing Strategy
 
Top 5 Ways to Optimize Your Loyalty Strategy
Top 5 Ways to Optimize Your Loyalty StrategyTop 5 Ways to Optimize Your Loyalty Strategy
Top 5 Ways to Optimize Your Loyalty Strategy
 
HR Pro Playbook: How to Navigate Global Workforce Expansion with Confidence
HR Pro Playbook: How to Navigate Global Workforce Expansion with ConfidenceHR Pro Playbook: How to Navigate Global Workforce Expansion with Confidence
HR Pro Playbook: How to Navigate Global Workforce Expansion with Confidence
 
A Tale of Two Case Studies: Using LLMs in Production
A Tale of Two Case Studies: Using LLMs in ProductionA Tale of Two Case Studies: Using LLMs in Production
A Tale of Two Case Studies: Using LLMs in Production
 
SME Relationships: Proven Solutions for Seamless Collaboration and Success
SME Relationships: Proven Solutions for Seamless Collaboration and SuccessSME Relationships: Proven Solutions for Seamless Collaboration and Success
SME Relationships: Proven Solutions for Seamless Collaboration and Success
 

Dernier

Top 10 scenario-based questions for hiring a Team Leader
Top 10 scenario-based questions for hiring a Team LeaderTop 10 scenario-based questions for hiring a Team Leader
Top 10 scenario-based questions for hiring a Team LeaderHireQuotient
 
Presentation on HR for Weekly Review Meeting
Presentation on HR for Weekly Review MeetingPresentation on HR for Weekly Review Meeting
Presentation on HR for Weekly Review MeetingAlokChatterjee16
 
Market Signals – Global Job Market Trends – March 2024 summarized!
Market Signals – Global Job Market Trends – March 2024 summarized!Market Signals – Global Job Market Trends – March 2024 summarized!
Market Signals – Global Job Market Trends – March 2024 summarized!Career Angels
 
A Proven #1 Prospecting Hack You're Missing Out On
A Proven #1 Prospecting Hack You're Missing Out OnA Proven #1 Prospecting Hack You're Missing Out On
A Proven #1 Prospecting Hack You're Missing Out Onfross37
 
如何办RRC学位证,红河学院毕业证成绩单文凭怎么辨别?
如何办RRC学位证,红河学院毕业证成绩单文凭怎么辨别?如何办RRC学位证,红河学院毕业证成绩单文凭怎么辨别?
如何办RRC学位证,红河学院毕业证成绩单文凭怎么辨别?hxwwranl
 
Webinar - Q2 2024: What’s New in MarketPay
Webinar - Q2 2024: What’s New in MarketPayWebinar - Q2 2024: What’s New in MarketPay
Webinar - Q2 2024: What’s New in MarketPayPayScale, Inc.
 
15 Best Employee Retention Strategies.pdf
15 Best Employee Retention Strategies.pdf15 Best Employee Retention Strategies.pdf
15 Best Employee Retention Strategies.pdfAlex Vate
 
Webinar - How to Choose and Use Salary Data
Webinar - How to Choose and Use Salary DataWebinar - How to Choose and Use Salary Data
Webinar - How to Choose and Use Salary DataPayScale, Inc.
 
7 non-negotiable roles of Human Resource Management
7 non-negotiable roles of Human Resource Management7 non-negotiable roles of Human Resource Management
7 non-negotiable roles of Human Resource ManagementHireQuotient
 
Salary Survey 2024 For Employers to Hire Remotely From India
Salary Survey 2024 For Employers to Hire Remotely From IndiaSalary Survey 2024 For Employers to Hire Remotely From India
Salary Survey 2024 For Employers to Hire Remotely From IndiaNayantikaSrivastava1
 
(圣安德鲁斯大学毕业证学位证成绩单-留学生补办)
(圣安德鲁斯大学毕业证学位证成绩单-留学生补办)(圣安德鲁斯大学毕业证学位证成绩单-留学生补办)
(圣安德鲁斯大学毕业证学位证成绩单-留学生补办)twfkn8xj
 

Dernier (13)

Top 10 scenario-based questions for hiring a Team Leader
Top 10 scenario-based questions for hiring a Team LeaderTop 10 scenario-based questions for hiring a Team Leader
Top 10 scenario-based questions for hiring a Team Leader
 
Presentation on HR for Weekly Review Meeting
Presentation on HR for Weekly Review MeetingPresentation on HR for Weekly Review Meeting
Presentation on HR for Weekly Review Meeting
 
Market Signals – Global Job Market Trends – March 2024 summarized!
Market Signals – Global Job Market Trends – March 2024 summarized!Market Signals – Global Job Market Trends – March 2024 summarized!
Market Signals – Global Job Market Trends – March 2024 summarized!
 
A Proven #1 Prospecting Hack You're Missing Out On
A Proven #1 Prospecting Hack You're Missing Out OnA Proven #1 Prospecting Hack You're Missing Out On
A Proven #1 Prospecting Hack You're Missing Out On
 
如何办RRC学位证,红河学院毕业证成绩单文凭怎么辨别?
如何办RRC学位证,红河学院毕业证成绩单文凭怎么辨别?如何办RRC学位证,红河学院毕业证成绩单文凭怎么辨别?
如何办RRC学位证,红河学院毕业证成绩单文凭怎么辨别?
 
Call Girls in Subhash Nagar ⎝⎝9953056974⎝⎝ Escort Delhi NCR
Call Girls in  Subhash Nagar ⎝⎝9953056974⎝⎝ Escort Delhi NCRCall Girls in  Subhash Nagar ⎝⎝9953056974⎝⎝ Escort Delhi NCR
Call Girls in Subhash Nagar ⎝⎝9953056974⎝⎝ Escort Delhi NCR
 
Webinar - Q2 2024: What’s New in MarketPay
Webinar - Q2 2024: What’s New in MarketPayWebinar - Q2 2024: What’s New in MarketPay
Webinar - Q2 2024: What’s New in MarketPay
 
Hot Sexy call girls in Preet Vihar🔝 9953056974 🔝 Delhi escort Service
Hot Sexy call girls in  Preet Vihar🔝 9953056974 🔝 Delhi escort ServiceHot Sexy call girls in  Preet Vihar🔝 9953056974 🔝 Delhi escort Service
Hot Sexy call girls in Preet Vihar🔝 9953056974 🔝 Delhi escort Service
 
15 Best Employee Retention Strategies.pdf
15 Best Employee Retention Strategies.pdf15 Best Employee Retention Strategies.pdf
15 Best Employee Retention Strategies.pdf
 
Webinar - How to Choose and Use Salary Data
Webinar - How to Choose and Use Salary DataWebinar - How to Choose and Use Salary Data
Webinar - How to Choose and Use Salary Data
 
7 non-negotiable roles of Human Resource Management
7 non-negotiable roles of Human Resource Management7 non-negotiable roles of Human Resource Management
7 non-negotiable roles of Human Resource Management
 
Salary Survey 2024 For Employers to Hire Remotely From India
Salary Survey 2024 For Employers to Hire Remotely From IndiaSalary Survey 2024 For Employers to Hire Remotely From India
Salary Survey 2024 For Employers to Hire Remotely From India
 
(圣安德鲁斯大学毕业证学位证成绩单-留学生补办)
(圣安德鲁斯大学毕业证学位证成绩单-留学生补办)(圣安德鲁斯大学毕业证学位证成绩单-留学生补办)
(圣安德鲁斯大学毕业证学位证成绩单-留学生补办)
 

The Impact of The Great Resignation and Building Workforce Resilience

  • 1.
  • 2.
  • 3.
  • 4.
  • 5.
  • 6. Agenda The Impact of The Great Resignation Building Resilience Re-Igniting Your Corporate Superpower Reclaiming The Talent Market Building Community Question and Answer
  • 8. What Is The Great Resignation? The Great Resignation is an ongoing economic trend in which employees have voluntarily resigned in mass numbers from their jobs beginning in early 2021.
  • 9. What Has Caused The Great Resignation? Possible causes include: • Wage stagnation and the rising cost of living • Long-lasting job dissatisfaction • Safety concerns from the pandemic • Remote working policies
  • 10. The Great Resignation By The Numbers
  • 11. Let’s Break This Down • While 42% of employees were already experiencing burnout before the pandemic, that number skyrocketed to 72%. • When COVID-19 sent so many people home, employees realized how powerful (and possible) it is to be able to decide where, how, and when they work. • Too many organizations have dismissed this shift, and expect people to quietly return to the office.
  • 12. Let’s Break This Down • Managers have the most influence on an employee’s job satisfaction, wellbeing, and likelihood to stay at a company. In fact, 57% of employees have left at least one company because of their boss. But being a manager isn’t intuitive • Managers themselves are frustrated by the lack of support from their employers. The employee retention numbers reflect the frustration: as of December 2020, the resignation rate for managers was nearly 12% higher than the previous year.
  • 13. Let’s Break This Down • Inflation reaches highest level since 1982 as consumer prices jump 7% in 2021 • Living in areas with a higher cost of living usually means workers have less disposable income, or money in their bank accounts, after paying for the basics and need higher incomes to live. • 5.4 million new business applications were filed in 2021, surpassing the record set in 2020 of 4.4 million. • Individuals are finding other ways that align with their passions to supplement incomes and way of living and leaning less on corporations to support them
  • 14. Let’s Break This Down • People who have been historically marginalized, on the other hand, are being vocal about how much safer they feel working from home, where they can escape (to some extent) the stress and burnout of constant microaggressions and the sense of not belonging. • An October survey of more than 10,000 workers from Future Forum, found that 66% of Black respondents want a flexible schedule, compared to 59% of White employees. • The survey concluded that Black workers are happier in their jobs, and have a more favorable view of their employer, when working remotely.
  • 15. How Do We Build Retention Resilience
  • 16. How Do We Build Resilience? • When it comes to building resilience during this time, you first need to understand that times have changed. • Old ways of working or looking or engaging at workforce is not going to work if we wan to be competitive and have a good work environment for our staff.
  • 17. Building Resilience 1. Turnover is going to happen; ensure you are establishing recruitment pipelines early in the career stages 2. Create employee-centered development programs 3. Listen to your staff and lean in 4. Provide community
  • 19. Re-igniting Your Superpower • Your superpower comes down to your company's purpose – what purpose and value is your organization fulfilling? What is its mission? • Aligning your organization to that purpose. • Strategizing your purpose for activation
  • 20. Re-igniting Your Superpower • When you are able to connect your organization to its purpose and align those principals that is your secret sauce to creating true engagement. • Engagement comes from wanting to be a part of something that you believe in, that you connect with and that is meaningful in some shape or form. • From that single point, your superpower becomes the key theme and thread of your engagement strategy for your organization.
  • 21. How To Reclaim The Talent Market
  • 22. Reclaiming The Talent Market • With your secret sauce you will be able to retain internal talent but what about attracting new talent? • Employees have different motivators, flexibility, salary, the list goes on. • Regardless of their key factor, one critical element of reclaiming the market is providing community.
  • 23. What Is Community? What does community mean in the workplace? A community allows employees to feel a sense of belonging, that they're part of something larger than themselves, which gives meaning to their work, and their lives.
  • 24. How Does Community Attract Talent? • When you build a workplace community, word will spread, and your employee will be your advertisement. • The engagement your current staff have it will be a testimony to others who are looking for similar environments and work opportunities. • Through community, employees will share their skills, experiences and connect with others.
  • 25. How To Build Community 1. Define company values collaboratively. 2. Establish expected behaviors. 3. Adopt radical responsibility. 4. Make onboarding employee-centric. 5. Transform managers into coaches.
  • 26. Key Takeaways The great resignation trend is not over, we need to continue to be strategic in our approaches Focus on how to create inclusivity and diversity Learn to trust your employees Use the company’s vision and mission to bring and align everyone Create opportunity for connection and to build authentic community Your employees are your biggest asset; treat them as such