The “Great Resignation” or the “Big Quit” are names given to the 2021 trend of employees voluntarily leaving their jobs in droves. According to the U.S. Bureau of Labor Statistics (BLS), 4.2 million people quit their jobs in October 2021, compared to 3.4 million in October 2020. Those 4.2 million people represent 2.8% of the entire U.S. workforce.
According to Mark Moses of CEO Coaching International, the problem lies with the businesses and those in charge. He gives WGN News Now’s Chip Brewster a list of seven actions employers can take to keep from losing workers.
1 – Select the right people to join your organization
2 – Analyze your on-boarding process
3 – Ensure appropriate training is given
4 – Cultivate a “cool” culture
5 – Establish company-wide values
6 – Create an on-going communication system
7 – Build in flexibility
Check out the video for the full interview including a bit more about each of these seven actions.
Are you a CEO struggling to attract and retain top talent during the “Great Resignation”?
In this current climate, you need a strategy that’s more than just upping the compensation to get the A players onto your team and keep them there.
CEO Coaching International’s world-class coaches, all battle-tested former CEOs, Presidents and Founders from leading companies around the world, who’ve led double-digit sales and profit growth across the industry spectrum, from startups to multi-billion-dollar businesses, can help.
They have been in your shoes and can talk you through your specific situation to guide you to a winning talent game plan for the year ahead.
Give us a try withtwo free coaching calls. There’s no obligation to continue, and no matter what, you’ll walk away with ideas and inspiration to bring back to your organization.
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