February 28

It is NOT A Job That Employees Are Looking For


5 Strategies to Turn the Great Resignation into Your Greatest Opportunity

By now you have all heard the statistics, read the reports, and felt the pain of one of the biggest challenges facing leaders today – retaining talent. In today’s constantly shifting marketplace, leaders are struggling with how to find talent, develop talent and keep their talent long-term.

Think about this, in just one month – November of last year – more than 4.5 million people left their jobs. Add to that Gallup, one of the leading research firms, reports that 70-percent of employees today are disengaged. Meaning they are willing to fill out a survey that says they are uninterested, checked out, and only showing up because they get a paycheck. In addition, one in three employees today leave their job because they are bored, and 57-percent of employees leave because of their boss.

So, what can we learn from all of these depressing statistics? Talent is a huge issue for companies today, employees are not leaving their jobs because they do not want to work, or they do not need a job. No, employees are leaving because they are looking for something else. They believe there is something better out there.

That is key to understand, because if you are looking to find talent by promoting the job you offer than you are missing the mark. Today’s employees can find a job, which is not their issue, not what they are looking for.

They are looking for opportunities that offer so much more than a solid job description, benefits, and PTO. Employees are looking for an environment where they feel like they are making a difference, they are doing work that matters and they are part of something bigger than themselves.

If you want to attract top talent today, if you want to retain top talent today, then you need to stop focusing on the job descriptions and list of benefits and start focusing on your culture. The experience you offer to your employees.

5 Strategies to Turn the Great Resignation into Your Greatest Opportunity

  1. Purpose – according to DDI, the largest motivator for employees (39%) is having a sense of purpose. In other words, do they understand what your company is trying to do, the impact it makes, and most importantly their role in it.
  1. Ownership – coming in second, according to DDI (20%), is ownership. No, we are not talking stock options or a piece of your company. They just want to help you grow it, and help you achieve the purpose. How? They want a voice, they want to be asked, listened to, and heard.
  1. Performance – you expect your employees to invest in your company, but you need to ask yourself first are you investing in them? Actively support their performance, and helping employees get better at their job, and create a future for themselves tells employees yours is a company worth investing in.
  1. Conditioning – uncertainty and change make employees, heck all of us, feel out of control and fearful of the future. So, companies that embrace change, and prepare their employees for change, tell employees we have a plan, we have a strategy, and you are a part of that plan.
  1. Innovation – employees know that it is the organizations that are continually improving that will be the ones that not only continue to thrive, and those with future career opportunities. So as leaders, you need to create a culture where you collaborate with your team to consistently innovative. New ways, new ideas, and new strategies to work smarter, better, and more productively.

As leaders, you need to stop looking at the Great Resignation as a negative and see the incredible opportunity in it. If you are the employer that provides an amazing culture, one where team members are invited to engage, one where employees feel like they are a part of what you are trying to accomplish, and they see a future for themselves, you will not only have the talent you need but you will have the best and brightest beating a path to your door.

Meridith Elliott Powell

Voted one of the Top 15 Business Growth Experts to watch by Currency Fair, highly engaging corporate motivational keynote speaker Meridith Elliott Powell delivers a cutting-edge message, rooted in real-life examples and real-world knowledge. Meridith’s presentations are full of powerful content, highly interactive, and fun. She helps her clients learn the leadership development, sales and business growth strategies to turn uncertainty to competitive advantage.

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