By: Kathy Kent Toney, President of Kent Business Solutions
Photo by Oliver Sjöström from Pexels
How many of you are facing the challenge of keeping valuable employees? Even if you aren’t, here’s a sobering fact…
More than 50% of people currently employed are looking for other opportunities.
Here to talk more about this statistic is my guest contributor for the week, Breandan Filbert. She’ll also be sharing with you tips on how to stop the talent drain in your business.
Did you get that percentage? It isn’t a typo! This statistic is taken from a post-pandemic study (March 2021) by Achievers. This is actually much lower than the 85% statistic from the 2010 - 2012 time frame.
The scary part for employers is this...as the economy improves, this percentage could increase to higher levels again.
So, what do you do about it? It might be a good idea to ask yourself these questions:
These are all things to consider with your team.
Many companies are doing business as usual at the height of the pandemic...when people were scared to move or do anything. But times are changing. Here are some things you can do to change with them:
This last bullet point can be really powerful. Ask them questions and let them talk, such as:
Remember to get what you want, help others to get what they want. That's Emerson’s Law of Compensation. It works in relationships whether personal or professional.
Speaking of taking good care of your employees, another good way to do that is keeping them safe during this pandemic. One great approach to do that is through an app called Ratify AI, which is meeting an important need in the market…how to holistically manage COVID vaccine protocols in the workplace.
It’s been created in consultation with medical experts and lawyers who are in-the-know on this topic. It does away with manual daily health checks and tracking with spreadsheets, to name just a few benefits.
If you’d like to learn more about that, click the button below to download our FREE COVID Management Checklist. It will help you gauge the fitness of your current protocols and point out areas where you can improve.
I’d love for you to check it out!