How can HR attract and keep top talent in the aftermath of the Great Resignation?
The pandemic spurred a record number of workers to change their jobs or seek a career change. In addition, millions have embraced new working arrangements and greater flexibility – rejecting the 9-5 office grind and daily commute. So how can HR attract and keep top talent in the new normal?
The Great Resignation – power to the workers
Covid-19 has reset the way we work and live, changing the relationship between employee and employer. With employees calling the shots, employers need to identify how to make their organisation a more appealing place to join and stay.
In our survey with senior HR leaders in over 300 companies across the UK - representing more than twelve sectors – we looked at employees’ top priorities and what employers can do to meet them.
of organisations indicated that retaining and/or attracting talent were key impacts of the Great Resignation.
of employees who resigned over the last twelve months cited a dissatisfaction with their employer’s hybrid working policy.
of employers said that employee wellbeing – specifically mental health - was the number one HR challenge of this year.
Shift to hybrid working
In a changed world, employees are demanding more flexibility, including hybrid working. The pandemic accelerated trends in the way we work. More than 70% of organisations we surveyed have implemented some form of hybrid working and more than a third (38%) of these have done so as a direct result of the pandemic.
Support for employee wellbeing
The relationship between employees’ happiness and wellbeing and how productive they are is well established. Employee wellbeing therefore continues to be a major consideration for organisations, due to the win-win outcome of getting it right.
Traditional employee benefits
In addition to employee wellbeing - and a commitment to hybrid working – what did people want in their job? Our survey found that traditional benefits, such as paid sick leave, a pension and private medical insurance, remained important.
The appeal of ESG
Of increasing value to both employees and potential job candidates is an organisation’s stance on environmental, social and corporate governance (ESG) issues.
"Making ESG a priority could significantly strengthen an organisation’s ability to appeal to and keep talented employees."