Are we sure 2021 was really the year of The Great Resignation? I mean, we had historic levels of turnover beginning in April, but it wasn’t exactly that the majority of workers were resigning from jobs and not working. Many were resigning from jobs and then immediately going to work for your competition. Perhaps a better title for 2021 should be the Great Reshuffling!
What we now know is that almost every industry and every organization is in a hiring crisis, especially retail and hospitality.
Organizations have gone through a year of increased hiring and turnover, and the only real way out of this for 2022 will be to focus on the things they can control and work hard to retain employees on the team right now. As we look to return to the office in 2022, it could be the year of the Great Retention because knowing what we now know and having the right tools and knowledge in place will be the most strategic way to curb the current churn most organizations are experiencing.
As organizations get ready for 2022 and build out their strategic plans for the year, there are many foundational people strategies HR leaders must focus on across the business to ensure they provide an exceptional employee experience that will enable them to retain employees.
There are so many actions organizations can take right now to help them get an early start to the year of The Great Retention, from improving their feedback, and listening, to re-assessing their job and work design, compensation plans, skills development and learning opportunities. Our reality is that we spent most of 2021 in a crisis. We’ve gotten used to working in crisis mode, but it’s now time to work strategically to really focus on the employee experience. It’s not just about how to retain all those new hires and the staff that stuck with us, but how can we help them all thrive?
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Tim Sackett, SHRM-SCP is the President of HRUTech.com a leading IT and Engineering Staffing firm headquartered in Lansing, MI. Tim has over 20 years of combined Executive HR and Talent Acquisition experience, working for Fortune 500 companies and he has his master’s degree in HR Management. Tim is a highly sought-after international speaker on leadership, HR &TA Tech, talent acquisition and HR execution. Tim is currently a Senior Faculty member with the Josh Bersin Academy.
Tim is the author of the best-selling SHRM published book, The Talent Fix: A Leader’s Guide to Recruiting Great Talent. He also writes every day at his blog the Tim Sackett Project and over at Fistful of Talent. Tim is married to a hall of fame wife, has three sons, and his dog Scout. In 2021, he was named a Top 10 Global Recruitment Influencer. He has more Twitter followers than his 3 GenZ sons combined, which they love to point out (@TimSackett). He is a lifelong workplace advocate for Diet Mt. Dew fountain machines and considered the world’s foremost expert on workplace hugs.