Most employers are anxious about the mass exodus happening from today’s workplaces. Widespread conjecture about what’s behind “the Great Resignation” ranges from people wanting more work flexibility and higher-paying jobs to simply being utterly exhausted from pandemic burnout. According to the U.S. Bureau of Labor Statistics, more than 15 million people quit their jobs since April in the U.S. alone. Microsoft’s recent research suggests that 41% of workers across the world are thinking about quitting their jobs.
To Retain Employees, Give Them a Sense of Purpose and Community
Three strategies to help people feel like their work matters.
October 11, 2021
Summary.
Leaders determined to stem the tide of talent defections during the Great Resignation could be surprised to learn they’re barking up the wrong tree by simply throwing money or perks at the problem. The author spoke with six human resource executives from companies reporting that their organizations are not experiencing higher-than-normal attrition. Among the many insightful perspectives shared, three practices appeared to be universal across these companies. First, build a culture of solidarity. Then, let employees co-create the workplace experience. Finally, coach your managers on how to genuinely care for others. The author offers several ways to put those practices into action.
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New!
HBR Learning
Attracting and Cultivating Talent Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Attracting and Cultivating Talent. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Discover how to attract, hire, develop, and keep talented people who will grow and thrive throughout their employee journey.