Employees are quitting their jobs in favor of those with better compensation and benefits, better work/life balance, and more meaningful work. The recent pandemic brought many changes to the labor market, and many businesses are in the midst of a labor crisis. According to the U.S. Department of Labor, over 4.3 million workers quit their jobs in August 2021 alone – a historic number.
Businesses are struggling to understand the reasons behind the Great Resignation and how we can curtail it. The answers are complex and require a commitment by leadership to address the challenges. Join Ms. Jamie M. Hasty, Vice President with SESCO Management Consultants, as we review:
- The Great Resignation, what it is, and how to address it.
- Why competitive wages are critical in recruitment and retention efforts.
- Corporate culture, to ensure proper engagement and focuses on professional growth and development.
We explore areas that impact the labor market, provide recommendations to avoid screening and hiring snags, and discuss ways leadership can engage and retain their current workforce.
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