For employers, the pressure’s on. The expected “Great Resignation” may see a record number of employees quit: a massive 95% of workers are considering walking away from their current posts, according to a report by Monster.com.
That’s forcing companies to refocus efforts to not just retain their existing top talent, but to get competitive about recruiting in hopes of scooping up the best newly available talent, too.
Our top stories this week highlight how these efforts have to be holistic. A great interview process alone doesn’t guarantee that new hires will be happy. A hybrid, flexible workplace alone isn’t enough to keep employees engaged. And the cookie-cutter benefits package so many of us are accustomed to will no longer cut if for top performers.
Instead, a holistic (and ever-evolving) approach to hiring, onboarding, benefits and perks is how employers can attract talent and build lasting loyalty. Take employees’ needs and preferences into account as you build benefits offerings. Keep lines of communication open with employees to identify (and respond to) potential burnout. Make the interview process seamless, and use it as an early opportunity to make your culture and values clear.
If you want to take an even deeper dive into the future of work — and how to excel in this new normal — be sure to join us on July 21 and 22 for EBN’s new virtual event, Workplace Strategies Agenda. We’ve got two days packed with amazing speakers full of insight, expertise, and actionable advice. Can’t wait to see you there!