Experts say a 'turnover tsunami' could be on the horizon as pandemic uncertainty subsides
Hiring is roaring back as we recover from the pandemic. Employers added more than 900,000 jobs in March alone, and a recent survey shows 52% of employees plan to job hunt this year, up from 35% in 2020.
At the nucleus of this turnover tsunami is a newfound awareness among employees of potential health hazards in the workplace. Health and wellness efforts to protect employees and customers are more than just incentives to boost confidence and safety, they are becoming a requirement.
So how do businesses prepare for this new recruiting opportunity? As we move beyond the pandemic, ensuring employee safety will be critical to attracting skilled talent. Companies must work to make permanent the temporary measures they used to boost safety confidence in employees and customers while combining proven best practices in process, technology, and data to mitigate risk in the future.
Studies show 46% of employees now feel less connected to their current employer, and 42% say company culture has dwindled during the pandemic. Taking actionable health and safety measures to demonstrate how your organization prioritizes employee wellness is one way to rebuild those connections and recruit new talent.
Join your host Sean Reynolds, owner of Summit Properties NW and Reynolds & Kline Appraisal as he takes a look at this developing topic.
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