- Issues for Employees to Quit: The desire for better work-life balance, more meaningful work, improved career opportunities, and more flexible work arrangements.
- Employee Sentiment: Many employees felt disconnected from their jobs, peers, managers, and the company’s mission, leading to widespread dissatisfaction.
- Work Trends: Hybrid and remote work became highly valued, with many employees enjoying the flexibility and reduced commuting times.
- Statistics: 47 million Americans quit their jobs, with 40% more considering job changes (Microsoft Work Trend Index).
- Current Sentiment: Some employees who left during the Great Resignation are experiencing "The Great Regret" as they realize new positions may not have met their expectations. According to a survey by Joblist, 26% of workers who quit during the Great Resignation regret their decision.
- Re-Evaluated Priorities: Employees are now looking for stability, consistent company culture, and reliable benefits. They value companies that provide ongoing support and career development opportunities.
- Evolving Work Environment: Hybrid and remote work remain popular, but there is a renewed appreciation for in-person interactions and cohesive company culture. A recent study by McKinsey & Company found that 58% of employees prefer hybrid work, but they also value occasional in-person collaboration.
- Employer Actions: Companies are focusing on creating engaging work environments, offering better mental health support, and improving communication between all levels of staff. Data from LinkedIn's Global Talent Trends report indicates that companies investing in employee well-being and professional development see a 33% reduction in turnover.
- Always Show You Care: Demonstrate that your company genuinely cares about its employees by providing meaningful work and more control over how, when, and where they work.
- Career Growth Opportunities: Support employees in their career development by offering guidance, training, and opportunities for new career directions within your company.
- Focus on Base Pay Over Benefits: Address concerns about the rising cost of living by prioritizing increases in base pay rather than adding more benefits.
- Work-Life Balance: Recognize the importance of work-life balance by considering commute times and the number of days required in the office.
- Develop a Remote or Hybrid Work Model: Create a strategy that accommodates remote or hybrid work, balancing company progress with employee satisfaction.
- Flexible Work Guidelines: Establish guidelines for how, when, and where work should be done, allowing employees to adjust as necessary to be most effective.
- Communicate Changes Clearly: Keep current and prospective employees informed about flexible work schedule plans to eliminate uncertainty about your commitment.
- Improve Ongoing Communications: Enhance communication channels to listen more to employees, acknowledge their input, and clearly convey the organization’s mission, goals, and challenges.
- Incorporate Employee Recognition: Create a Culture of Recognition in your organization. Regularly recognize and show appreciation for employee length of service and their significant contributions through awards and gifts, boosting job satisfaction and retention.
Get Free Recognition Award Info &
sample Employee Award Packet
Use the form below to request a free information package, sent via US Mail. It will include:
- Sample Employee Recognition Award - Presentation Packet
- Sample Award-of-Choice Catalogs
- Pricing, order forms, and how to get your program started
Send me Info
Use this form to request your free information package, sent via US Mail. It will include:
* Sample Employee Awards Catalog Packet
* Sample Tier-Level Gift-of-Choice Award Catalog
* Award Presentation Options
* Pricing, order forms, and how to get started.