What you can do about talent reshuffling during The Great Resignation????
The pandemic has altered our world in a variety of ways, some positive and some negative, but it has undoubtedly altered the way businesses operate. I mean let’s be honest, who would have thought this world could be operated from home?
OR employees be trusted in this way?
But this wonderful change in the economy has made the lives of HRs and talent acquisitions miserable.
The great pandemic has resulted in the great Talent reshuffling.
Employees are making their priorities crystal clear. And they are questioning everything. Some have chosen the path of permanent remote work, some are looking for a hybrid work Model, but all of them are looking for work life balance.
One can say the tables have turned now. Back then, employers were the powerful ones, but now the power has shifted into the hands of the employee. They are the ones who choose the organization and select the right place for them to work.
Now the question is, what exactly are the talents looking for?
If you think it’s only about providing good compensation, you are badly mistaken; it’s way more complex than that nowadays.
So what can organizations do to fight this challenge, The Great Reshuffling? And how can organizations improve their ways of retaining their existing talents and hiring fresh talent in the coming future?
Culture is the key to success: Start by understanding the expectations of your employees, and then slowly convert their expectations into reality by building a culture in which your employees want to work. To be very precise, building a culture is not about providing free lunches or arranging weekly meetups and events; it’s about creating a comfortable workplace by providing workplace benefits like flexible work, fair pay, paid leaves, maternity and period leaves for women, etc.
Actions speak for themselves. Make sure that your actions and words are going in the same direction. Saying all these things just to attract your employees and not providing them with these benefits is the worst thing you can do.
Respect and Appreciation: Respect is an act of showing your appreciation towards your employees.
It’s about treating each other with dignity and gratitude in the workplace while keeping aside your personal feelings.
According to a Gullup survey, 65% of people feel unappreciated and around 66% would leave a job if they are not appreciated in a company.
So what are employers supposed to do to make their employees feel appreciated?
Well, there are a lot of ways to make your employees feel appreciated. But first you need to understand the basic needs of your employees, because it may differ from person to person. It is possible that for some, appreciation and respect are about getting well paid, but for others, it can be promotion, or weekly feedback, or having more responsibility. Once you figure out what is best suited for your employees, it is an easy task to make them feel appreciated.
Fulfil the Curiosity OF YOUR TEAM: Curiosity is one of the greatest skills a person can possess. It’s a powerful characteristic that keeps you engaged and sharp at work.
Curious people make the best employees. They are always ready for new challenges and opportunities. They aren’t the types of people who sit around and wait to be told what to do; they are the ones who take the risk of trying something new or making innovations.
The only thing you need to worry about is that curious people are most likely to switch their jobs in a short period of time as they get bored pretty easily.
What you need to do is to make their job exciting for them. Make sure they are never bored. In short, for them, the reward of good work is more work. Give them the kick they are looking for.
Practice Empathy: Empathy is the capacity to understand what another person is feeling. It is an act of putting yourself in the shoes of another.
Practicing empathy at work can show your care towards your employees.
Show empathy and they will stay.
There are many ways of showing empathy:
- Make them feel heard.
- Practice patience.
- Focus on the wellness of your employees.
- Show support for your team’s decisions.
- Be compassionate towards your team.
- Express yourself
- Treat them like you treat your friends and family.
- Make boundaries.
People are living in a YOLO era right now; they are looking for a place where they can maintain a work-life balance, or in simple terms, their mental peace, which should be the top priority of everyone; however, if we want to retain our employees, we must break free from the stereotypes that we have lived with our entire lives.
If you think about it, talent reshuffling is not an issue if you are treating your employees in the right way.
Treat them well, and they’ll stay.
It’s up to you to decide whether you want to create a good culture for your employees or lose them for good.