The Current State of Employee Engagement
IT’S A FACT The 2020 pandemic accelerated another disruption around people’s beliefs about work/life balance and whether to consider a life-altering change around where they spend a significant amount of time in a given week—working.
THE RESULT A new battle for talent that won’t be won with old-school tools.
How can leaders make sure their organizations don’t get caught in the tidal wave of resignations? Focus on the Employee Experience #EX
The Staggering and Supporting Facts 1
40% of workers want to change jobs this year due to lack of investment in
employee skills and other factors beyond compensation
source: www.techrepublic.com/article/the-great-resignation-of-2021-are-30-of-workers-really-going-to-quit
2
4 million workers quit their jobs in April 2021 (US)
3
6-9 month average time for new employee ramp-up
4
75% of voluntary turnover is avoidable
source: www.forbes.com/sites/alainhunkins/2021/07/29/how-to-avoid-getting-swept-away-by-the-great-resignation
source: www.setsail.co/reduce-ramp-time-for-new-sales-hires
source: www.catalyst.org/research/turnover-and-retention
5
34% better retention for organizations with an employee development program source: www.brandman.edu/news-and-events/blog/professional-development-benefits
For success stories on impactful employee development programs, visit: LEARNINGTREE.COM/RETAINTALENT or CALL US @ 1-800-834-8733