The Great Resignation Threat or Opportunity? We’ve all heard of the looming Great Resignation. It’s predicted large numbers of employees will voluntarily leave their jobs over the course of the next year. Thanks to long periods of remote work and the mental drain of the pandemic, many of us will re-evaluate what is important to us, our careers, and our all-of-life balance. Bianca Witkin, Chief People Officer at Paxus writes. Rather than an impending crisis for employers, on the flip side, I believe we should view it as an opportunity. Instead of the ‘Great Resignation’, let’s see it as the ‘Great Reimagination’. As many of us take stock of our current work situation, it’s an opportunity for employers to re-evaluate our purpose and strengthen our Employee Value Proposition (EVP). There has never been a better time to check the relevance of our organisational values and its resonance in a postCOVID world.
Money doesn’t counterbalance an unfulfilling role or a bad workplace culture, or poor management. For work happiness, what really matters are the people you work with, the feeling of belonging, the inclusive culture and the sense of proud accomplishment in utilizing your strengths and living your values.
We can’t ignore that our employees will be tempted by high salaries and the ‘grass is always greener’ mentality.
Knowing the pulse of our people is critically important. In a recent employee engagement and wellness survey we conducted at Paxus, one of the common feedback themes received was that our organisation “feels like family”. This isn’t due to chance.
However, as we know, compensation is only part of the equation in attracting and retaining talent.
Before and throughout the pandemic we worked extremely hard in implementing multifaceted
Bianca Witkin Chief People Officer, Paxus initiatives to reinforce our bonds, ensure people are supported, encouraged to be their best selves and to be happy and thrive. From mindful leadership and managers’ emotional intelligence training to flexible and remote working balanced with face-to-face connection and collaboration points, we offer a host of benefits such as mental health support, resilience training and self-care leave. It is so important to us to celebrate achievements and we pull together when times get rough, which has been instrumental in getting us through the multiple extended lockdowns, fear, and uncertainty. We can’t hide from the Great Resignation, and instead of seeing this as a threat, we are using it as an opportunity to transform our working environment where employees choose to be a part of, and others strive to join.
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