Ignite Global is a leader in hiring, motivating and retaining top talent with management capability employee engagement, productivity and retention candidate.
future of work, The Great Resignation
9600 Great Hills Trail, Suite 150W Austin TX 78759
Ignite Global is a leader in hiring, motivating and retaining top talent with management capability employee engagement, productivity and retention candidate.
future of work, The Great Resignation
9600 Great Hills Trail, Suite 150W Austin TX 78759
Ignite Global is a leader in hiring, motivating and retaining top talent with management capability employee engagement, productivity and retention candidate.
future of work, The Great Resignation
9600 Great Hills Trail, Suite 150W Austin TX 78759
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.
9600 Great Hills Trail, Suite 150W Austin, TX 78759, UNITED STATES
About
In 2009 CEO and founder Kim Seeling Smith started Ignite Global after deciding that instead of being paid to put bums in seats (working as a recruiter for the 15 years prior to that) she wanted to help More
𝗧𝗮𝗸𝗲 𝗺𝘆 𝗺𝗼𝗻𝗲𝘆 – 𝗽𝗹𝗲𝗮𝘀𝗲! It’s the end of the Australian Financial year and I often get the question, “𝗜𝗳 𝗜 𝗽𝗮𝘆 𝗯𝗲𝗳𝗼𝗿𝗲 𝘁𝗵𝗲 𝗲𝗻𝗱 𝗼𝗳 𝘁𝗵𝗲 𝘆𝗲𝗮𝗿 𝘄𝗼𝘂𝗹𝗱 𝘄𝗲 𝗯𝗲 𝗮𝗯𝗹𝗲 𝘁𝗼 𝗱𝗼 𝘁𝗵𝗲 𝘄𝗼𝗿𝗸 𝗻𝗲𝘅𝘁 𝘆𝗲𝗮𝗿?”
To which I, of course, reply with a resounding yes!
Have you considered the HUGE opportunity that The Great Resignation provides from a talent acquisition perspective? Think about it, regardless of whether they act on it, MULTIPLE studies show that at least 40% of the workforce is open to looking for other work in 2022.
Read More: https://www.igniteglobal.com/2022/05/talent-acquisition-strategies-to-hire-the-best-in-2022/
I had a great time speaking to Ben O’Shea on The West Australian‘s The West Live show about what really drives people to change jobs.
Like in all booms, companies within WA are losing great people for the allure of a high pay packet working in a FIFO environment. Can leaders do anything to stop this from happening (spoiler alert – yes!).
Why do people look for other roles (spoiler alert – despite what most leaders think, it’s rarely about money)?
What do you do if you lose someone that you don’t want to lose? Can you entice them back (spoiler alert – statistically, yes, 20% of the time).
Did you know that 65% of candidates who turn down jobs or decline to go through the entire interview process do so because of poor candidate experience, according to LinkedIn? And that only 25% of candidates are satisfied with candidate experience according to Sapia.ai?
Candidate experience is key. But what is candidate experience exactly?
My definition is an experience where every interaction leaves the candidate feeling good about:
✅ Themselves (first and foremost – even if they don’t get the job)
✅ The process itself (again, even if they don’t get the job)
✅ The company/brand (turn all candidates (successful or not) into raving fans
According to the most recent research by Gallup, 85% of the global workforce is disengaged. That stat that has not moved in well over a decade and COVID has not seemed to impact it at all.
In the US Gallup saw a historic rise in engagement scores shortly after COVID – followed by an equally historic fall.
Yesterday’s post – https://lnkd.in/gHs_rUW provided a calculator to help you figure out how much you were losing in productivity for every member of your team who is disengaged.
I had a comment on that post asking, “Why are they disengaged?”
