If you think #thegreatresignation is related to Covid or the current skills shortage, think again. This graph from the Bureau of Labor Statistics clearly shows that, with the exception of 2020, people have been changing jobs in increasing numbers since 2009. While this is a US stat, I believe the trend is definitely global.
I’ve often said that Covid accelerated other workforce trends that had been building for years. I think what we see with this graph is the result of two long-term trends coming together.
First, we’ve known since at least 1997 when McKinsey & Company wrote their now iconic report “The War for Talent” that a skills shortage and skills mismatch was on the horizon.
Second, due in part to this coming skills shortage, along with generational differences, social justice reckoning, and to a lesser extent #metoo the workforce has become more empowered and more likely to change roles.
Employee retention is critical – and clearly getting harder.
Are you looking for cutting-edge strategies to Propel your organization into the future? Are you looking for speakers for your next event who can both wow and educate?
Please join me (virtually or in person in Sydney), along with Dee Madigan from The Gruen Transfer, Dr Kristy Goodwin and my dear friend and MC extraordinaire, Warwick Merry CSP, CVP.
cutting-edge strategies to Propel your organization into the future
I’m going to be unpacking 9 Keys to Avoid the Great Resignation (reverse engineered from over 5,000 exit interviews)…and unveiling some new (and dare I say a bit controversial) insights around this model.
Talking reimagining talent acquisition with Nate Hewitt of Sapia.ai on their Pink Squirrels Podcast.
We had a very spirited discussion around:
What companies are getting wrong with talent acquisition right now
How companies stand out against their talent competitors (even with little or no budget)
How to think differently about the roles they are filling to access more candidates.
Talking reimagining talent acquisition with Nate Hewitt of Sapia.ai on their Pink Squirrels Podcast. We had a very spirited discussion around: 🔹 What companies are getting wrong with talent acquisition right now 🔹How companies stand out against their talent competitors (even with little or no budget) 🔹 How to think differently about the roles they are filling to access more candidates. 🔹 The importance of candidate experience, which according to a recent Sapia research report, is abysmal, with only 25% of candidates reporting being satisfied with the process. 🔹 How to improve the hiring process. You can listen on Apple Podcasts Let me know what you think! :) #futureofwork#talentacquisition#recruitment#recruiting
The importance of candidate experience, which according to a recent Sapia research report, is abysmal, with only 25% of candidates reporting being satisfied with the process.