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In the aftermath of the pandemic, businesses across the globe grappled with unprecedented workforce challenges. Amidst the turbulence, a particular narrative emerged, casting Gen-Z and millennial workers in a controversial light. Critics hastily attributed a perceived decline in work ethic to those younger demographics, sparking widespread debate about their commitment to work. However, these oversimplified […]
The lifeline of any company is attracting and retaining top-notch talent. High-performing employees serve as the building blocks for setting the foundation for organizational success. In a competitive workforce with a limited talent pool, recruitment and retention strategies have become more essential than ever. Following the Great Resignation (2021-2022), where an average of 4.5 […]
We’ve all heard the popular business slogan “the customer is always right,” a phrase that highlights essential customer-first cultures implemented in almost every organization. This is how most businesses approach their operations, prioritizing customer satisfaction and retention to drive profitability. But a lesser-known fact is that a great employee-first culture also drives success, and retaining […]
You’re probably asking yourself why there are millions of jobs available when over 8 million people remain out of work. People are disgruntled. They want more from their employers, and they’re tired of being underpaid for the work they do. With 86% of people feeling that their workplace does not hear people fairly or equally, […]
The American workforce continues to feel the impacts of the COVID-19 pandemic and the Great Resignation. At the end of 2021, U.S. job openings stood at nearly 11 million, and over 4 million people quit their jobs in December alone. While some workers are leaving their jobs for better pay or benefits, new analysis shows […]
The historically high worker shortfall is creating unprecedented challenges for companies. To effectively find the talent you need, it’s important to first understand the social factors creating the labor shortage and, from there, adopt a nuanced approach to recruitment that reflects what prospects really want from a job. According to September 2021 data from the […]
It’s no secret that leaders are facing unprecedented challenges when it comes to retaining employees. New data from PWC’s August 2021 US Pulse Survey found 65% of employees are looking for a new job. Consequently, 88% of executives have reported seeing higher turnover. Amid what the industry is calling The Great Resignation, it’s vital that […]
It’s no secret that recruiting is tough these days. And a big issue for many organizations is matching the hefty salaries larger companies in their industry may offer. But there is good news: Offering a flexible total rewards package is easier than you think—it requires some creativity and a shift in perspective.
Engagement plays a key role in managing and retaining employees of all ages. As our new research indicates, real-time feedback, socially engaging experiences, and mobile access play a key role in influencing engagement with Millennial, Gen Z, and Baby Boomer members of the workforce. And all of this can be managed more effectively with the […]
In the 12 months through July, the U.S. economy created 66.7 million hires only to be nearly matched by 64.2 million separations. Federal Reserve Chairman Jerome Powell has noted the high quit rates indicate a near full employment of the U.S. workforce.