The share of workers planning to leave their jobs is unchanged in 2022, when compared to 2021, at 40%. That is 2 out of 5 employees who are considering to leave their job in the next 3 to 6 months.
Whilst people keep quitting at record levels, companies are still trying to retain talent with the same old way of increasing salary.
To retain talent within your organization, you need to take care of the following 2 fundamental principles:
Foster connection and belonging:
Employees seek a sense of belonging to the organization, its culture and its leaders. They thrive on connecting with others and build their social capital. This can only happen in an environment where people trust each other, spend time together and help others where needed.
There are various ways to foster connection and belonging, here are a few:
- Caring and authentic leaders
- Reliable and inclusive community
- Meaningful work; contributing to a higher purpose
- Safe workplace environment
- Involve employees in decision-making
- Tackle a project outside of work
When was the last time you delivered an excellent team performance without connection and belonging?
Provide perspective:
One of the main reasons for employees to leave their job is lack of career development and advancement. Providing perspective means providing an outlook to your employee of potential future events that are valuable to them. Providing perspective goes beyond increasing salary, it can come in many forms, such as:
- Career planning
- Workplace and worktime flexibility
- Training and development opportunities
- Support for social and emotional well-being
- Adequate total compensation
Talent will only be retained if you provide perspective for your people and deliver upon the perspective you provided.
On a scale of 1-10, how good is your system to retain talent, when it comes to fostering connection and providing perspective?
The share of workers planning to leave their jobs is unchanged in 2022, when compared to 2021, at 40%. That is 2 out of 5 employees who are considering to leave their job in the next 3 to 6 months.
Whilst people keep quitting at record levels, companies are still trying to retain talent with the same old way of increasing salary.
To retain talent within your organization, you need to take care of the following 2 fundamental principles:
Foster connection and belonging:
Employees seek a sense of belonging to the organization, its culture and its leaders. They thrive on connecting with others and build their social capital. This can only happen in an environment where people trust each other, spend time together and help others where needed.
There are various ways to foster connection and belonging, here are a few:
- Caring and authentic leaders
- Reliable and inclusive community
- Meaningful work; contributing to a higher purpose
- Safe workplace environment
- Involve employees in decision-making
- Tackle a project outside of work
When was the last time you delivered an excellent team performance without connection and belonging?
Provide perspective:
One of the main reasons for employees to leave their job is lack of career development and advancement. Providing perspective means providing an outlook to your employee of potential future events that are valuable to them. Providing perspective goes beyond increasing salary, it can come in many forms, such as:
- Career planning
- Workplace and worktime flexibility
- Training and development opportunities
- Support for social and emotional well-being
- Adequate total compensation
Talent will only be retained if you provide perspective for your people and deliver upon the perspective you provided.
On a scale of 1-10, how good is your system to retain talent, when it comes to fostering connection and providing perspective?
