At this point, most of us have either heard of or experienced the effects of the Great Resignation. A record number, 4.5 million people, voluntarily left their positions in November 2021 alone. This amount of resignations was an all-time high, and unemployment rates continue to soar.
People are leaving for various reasons such as undesirable pay or benefits, lack of work-life balance, etc. Therefore, as people re-enter the workforce, they are asking more from their employers than ever before. Employees want the opportunity to learn and grow; they want to work for a company that cares about their well-being and they want flexibility in their working arrangements.
In this blog, we break down ways employers can keep up with the evolving work environment to ensure their teams are happy and satisfied with their work.
A recent Gallup poll stated that 87% of millennials and 69% of non-millennials rate career growth and development opportunities as highly important to them in a job. It’s essential for employers to consider how they’ll promote career growth as a part of their company culture. Promotions are typically one significant way to highlight development, but it’s not always a viable option. There are other ways to reward hard work and encourage growth, for example:
Employers should always consider how they can support and care for their employee’s physical and mental health. With a wellbeing strategy in place, you’ll not only notice an increase in employee engagement, but will motivate the team to reach their goals. When employees feel well, they tend to perform better. Studies show that workers are 13% more productive when happy! Here are some examples of how to support employee wellbeing:
Flexible work arrangements will be the norm, not the exception moving forward. Studies show that 62% of employees believe working remotely positively impacts engagement. Not only that, but 61% of employees prefer being fully remote.
The freedom to work from anywhere has become the most sought-after benefit during the pandemic. In fact, according to new research from the WFH Research Project, people value flexibility as much as a 10% pay raise.
However, with remote work comes different challenges, such as employee engagement. Engaging remote employees requires a strategic approach and long-term commitment to your team.
Here are some examples:
Cura HR creates custom solutions for every project and client by combining our years of experience with fresh ideas and a forward-thinking approach. We connect trending concepts with time-tested tools and proven processes, to build unique solutions for every situation.
Whether you need help leveling up your team’s talent, building out your employee wellbeing programs, or planning an engagement strategy, Cura HR has your back! We’d love to learn about your business and how we can take your people programs to the next level.
