The wave of attrition is coming… are you ready?

Leaders need to start asking questions and considering a future that better takes into account the needs of their workforce - particularly as studies show burnout and stress are at an all-time high.

Are you prepared to lose 40% of your workforce? A recent headline by Jan Tegze asked this question and it makes us wonder. “Open to work” notifications are popping up on social media but that’s certainly just the tip of the iceberg. Multiple surveys out right now show a fairly significant percentage of people are looking to change jobs as the economy improves.

People have had a taste of a new way of working and if they don’t feel supported in keeping some – if not all – of the changes they’ve embraced in the past 18 months, they’re making it clear that they’ll find a place that does support their needs. The pandemic may have forced companies to offer remote work and/or hybrid work but the key will be how those companies choose to respond now.

[Read: When it comes to returning to the workplace, is corporate culture just BS?]

Leaders need to start asking questions and considering a future that better takes into account the needs of their workforce – particularly as studies show burnout and stress are at an all-time high. The leaders that do so will be much better positioned to retain their employees than those that insist on a complete return to work as if nothing has changed in our world.

We’re looking forward to more research on this topic. And we have our eyes on this current survey by The Conference Board on how recruiting, onboarding & talent mobility have been transformed since the onset of the global pandemic. Take five minutes to participate.

Read more, including links to some research on the topic, in this blog post: Are you prepared to lose 40% of your workforce?, Published by: Jan Tegze

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Chris Hoyt

A veteran of recruiting and HR, Hoyt is a sought-after speaker with presentations including national conferences with SHRM, LinkedIn, HR Technology, ERE and others in the USA as well as UNLEASH, iRecruit, Australasian Talent Conference and more abroad. Chris has been promoting and leading full scale and enterprise-wide integrations of social media and mobile marketing within workforce strategies for his entire career. His expertise and passion for interactive/social recruiting, candidate experience, and both national and international recruiting strategies are all areas that Hoyt now leverages as co-owner and President at CareerXroads, a Recruiting/Staffing consulting and think tank organization that works with corporate leaders from around the world to break out of traditional recruitment practices and push the envelope in an effort to win the ongoing war for top talent.

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