![]() The survey should ask questions about employee satisfaction, issues they have with the current working environment, how interested they are in staying with the company long term and what the company is doing well. Send out a retention questionnaire to your staff, and ensure their identities remain anonymous so they can be truthful in their responses. If you find your company is seeing an increase in the rate of turnover, it’s critical to put resources into finding out why. Conduct retention surveys and exit interviews Though it may seem costly to offer more incentives, the price of employee turnover is often much higher. Prioritize budgeting for these increases as you map out your company’s finances for 2022. If your market research uncovers higher wages at other agencies or more PTO, consider offering your employees better incentives to keep them around. Understanding what other businesses in your field are offering their employees is essential to ensuring you’re satisfying employee needs at work. Are they leaving to start their own companies as entrepreneurs so there’s more freedom? Or are they being drawn to competitors because of better salary and benefits packages? Research industry trendsĪs an employer, you can reduce post pandemic employee turnover by researching relevant trends in your industry to see what might be enticing workers to leave their jobs. Make an effort to accommodate the needs of your staff in terms of working from home to make your company an attractive place to stay. When implementing a hybrid work policy, work with your HR department to navigate the complexities of the arrangement and ensure equal opportunity for all employees. It also allows you to have your staff in the office when necessary, while helping them balance their personal life by working from home two or three days a week. A hybrid model is flexible and gives employees the best of both worlds, on their terms. To keep your employees happy and avoid turnover due to return-to-work policies, consider offering a hybrid work model. In fact, a study from Prudential found that 1 in 3 Americans do not want to return to the workplace full time. Some employees are tired of working from home and welcome a full return to the workplace, while others are content with a remote work arrangement. So what can employers do to reduce the amount of employee turnover in their companies post pandemic? These are a few actions you can take to improve employee satisfaction, reduce feelings of burnout and encourage your valuable workers to stay with your business. ![]() How employers can handle staff turnover post pandemic However, when no changes occur in the workplace to support employees, they are likely to seek employment elsewhere. Out of 1,500 people interviewed in the Indeed survey, 36% said that more paid time off (PTO) would be helpful in combating the feelings of burnout. Employees are often working longer hours, making it harder for them to unplug after the workday ends. This is largely due to the shift to an online workplace where the line between work and home life becomes blurred. A March 2021 report from Indeed found that 52% of workers were feeling burned-out, while 67% say that feeling has worsened during the pandemic. The trend continues into 2022 as more opportunities arise for workers to take a leap of faith and dive headfirst into a new career or company.Ī significant factor contributing to the current high rate of employee turnover that companies are seeing is pandemic burnout. Employee engagement was down in 2021, with 52% of workers saying they were looking for a new job. Why are employee turnover rates so high?įorbes deemed the mass exodus of employees leaving their workplaces a 2021 “Turnover Tsunami”.
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