Retaining Talent in a Job-Hopping World

The Great Resignation. 

It’s a hot topic of conversation, and it’s the bane of many companies’ existence right now. Another unprecedented outcome of the current global pandemic. 

A recent Microsoft survey put the whole thing into pretty stark terms: 41 percent of workers around the world are considering quitting their jobs. 

So what is there to do? How do you retain talent in a job-hopping world? 

Aon’s The One Brief (August 2021) recently published some tips: 

1. Use data to drive retention strategies – find out why people leave (exit interviews) and why people stay (employee engagement surveys) 
2. Evaluate your company culture and how it can serve as a retention tool (hint, it’s not just about the money) 
3. Think of the pandemic as an opportunity to reset – challenge your assumptions about the way your company has always done things 

The last point is really interesting. The upshot to The Great Resignation is that it affords your company a chance to openly and honestly evaluate how well it is handling its goals. 

Take what you learn from that evaluation into your hiring process.