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By a show of hands, I ask in my leadership workshops, how many of you have worked for a bad boss or bosses? Reliably, almost every hand shoots up. Enduring a jerk of a boss seems to be a workforce universal constant in every industry. This is reflected in popular culture in movies like Horrible […]
Employees are the secret ingredient to organizational success, yet companies are struggling to keep them. In recent years, millions of Americans have been quitting their jobs—a trend dubbed the Great Resignation. Last October alone, a grand total of 4 million Americans jumped ship. That’s nearly three percent of the overall workforce. Tech workers are even […]
Extensive media attention has been given to how difficult it’s been for businesses around the country to find and hire workers. Additionally, you’ve likely had a personal experience reading the “help wanted” signs at various retail or hospitality services while standing in a long line or waiting for food. Various economic and social conditions have […]
Amid all the talk about the Great Resignation and general labor market turmoil, it’s easy to forget that high labor demand is no longer applicable across all job functions and industry segments. Recruiters facing labor shortages in certain industries might want to consider expanding their search to include candidates from nontraditional backgrounds. Job Shortages May […]
The last few years have seen tremendous upheaval in the labor market, spurred in large part by the COVID-19 pandemic and the resulting workplace restrictions. Millions of Americans left their jobs or even the workforce entirely—a phenomenon commonly referred to as the Great Resignation. As a result, the power dynamic in the labor market shifted […]
One of the reasons companies care so much about employee retention is that it’s difficult, time-consuming, and costly to onboard new talent. Nevertheless, individual companies and departments don’t control the labor market, and they have to work with the world that exists, not the one they wish existed. Increasingly, companies are turning to third-party providers […]
What a difference a few months make! Starting in early 2021 and spurred by the emergence and rapid spread of COVID-19, piled on top of long-standing grievances, the Great Resignation peaked in mid-2022. While resignations have tapered off in 2023, workers’ leverage in the employment relationship didn’t immediately follow suit. The second half of 2022 […]
It started in 2021 with the Great Resignation, when 47 million people quit their jobs. In the wake of such an exodus, many organizations faced unprecedented labor shortages that strained the employees who remained. As a result, burnout ran rampant throughout organizations, leading to some employees’ motivation atrophying and the eventual coining of the term […]
For the past few years, recruiting and retention have felt like Olympic-level difficulties. Good talent was hard to find, and it was even harder to keep—almost everyone in HR had turnover stories that sounded like nightmares. 2022 had the highest number of quits since the government started tracking the trend in 2000. These record-high quits […]
When businesses begin implementing diversity, equity, and inclusion (DEI) initiatives, they may have a lot of ideas about what those initiatives will look like but not how to measure their success. DEI measurements identify areas of risk of exclusion, prioritize initiatives, set targets and program goals, assign accountability, and measure the ultimate impact of the […]