Thursday May 25, 2023
JERRY’S SHORT: Stake Your Leadership T.E.N.T.
Are you a leader who wishes to stay competitive by improving employee engagement and stemming the turnover tide in your company? This is the episode for you!
Insights You May Not Know About The Great Resignation
You may have heard about the Great Resignation in 2021. Did you know that 2022 saw a bigger wave of workers leaving their jobs? An estimated 50.5 million people left their employers in 2022 compared to 47.3 million in 2021. CNBC called it the "Real Year of the Great Resignation".
Why Are Employees Leaving?
The big reasons given for lower engagement among employees and workers exiting companies included the following found in Gallup's research:
- Not feeling connected at work (mission, vision, other people)
- Not being able to work from home for positions that could work from home
- Not feeling cared for at work
- Not seeing opportunities for growth
- Not being offered opportunities for growth
Companies are competing in stemming the turnover tide through compensation market adjustments, hybrid and remote work arrangements, creating career ladders, and improving wellness programs. These are must-dos for companies but may take
time to implement.
What Are Managers Feeling?
In my work with people leaders, the following trends and frustrations arise when talking about employee retention and engagement:
- "I'm losing people faster than these initiatives can get implemented."
- "Compensation adjustments are important, but it never seems enough to make people happy."
- "What can I do to curb employee dissatisfaction that's low-cost and has a real impact?"
- "People see right through last-minute efforts to appeal to employees before an employee engagement survey. I want to do something that is genuine."
- "There are only so many seats available for formal development programs. How do I provide growth opportunities for everyone?"
This is what led me to form a leadership framework built on proven principles and practices that help people leaders create a sense of feeling genuinely cared for and opportunities for growth for their employees at low cost with high impact.
What Does Staking Out a T.E.N.T. Do to Stop This Trend?
We are diving into four key characteristics of leaders who have been able to expel employee dissatisfaction, help employees feel cared for, and provide growth opportunities that stem the turnover tide.
Go to BeyondTheRut.com/capsho for your free 14-day trial and see for yourself.
Click on BeyondTheRut.com/capsho to claim your free 14-day trial and see for yourself.
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Go to BeyondTheRut.com/capsho for your free 14-day trial and see for yourself.
Click on BeyondTheRut.com/capsho to claim your free 14-day trial and see for yourself.