Labor churn looks like it will stick around a while. The pandemic made remote work more possible then ever before and with it, millions of Americans have changed their job during the pandemic or plan to in the months ahead. Among the reasons to change are the stalwarts of seeking higher pay and/or a better career trajectory, but the pandemic has brought about new considerations. About a quarter want hybrid options, and better retirement benefits?so they can exit the labor market altogether. About half of workers now exit the labor market earlier than they thought due to health, employer package, employer firing, or newfound wealth due to stock market equity and real estate gains. #career #remotework #jobs #newbeginings
William D.
3 年
Labor churn is nice way of saying employees are pissed off at their employers and are not putting up with it anymore.
I'm ready to change my job and very soon, I will! Anyone have opportunities working for the Federal Government as a Cybersecurity Engineer? If so, I'm interested in any open opportunities that need immediate fills, so long as they are not with the DoD, as I'm ready to move on with my career effectively immediately. #LookingforNewOpportunities
Nabeela C.
3 年
Worth reading.
You will think because a lot of people now work from home more people will be actively employed. You do have a great point here on employers attracting the workforce with a better package.
Brandon Lindsey
3 年
Lot of opportunities out there
Bill Ezell
3 年
Hiring, retention and employee satisfaction is indeed at breaking points, issues I've learned through my association with two companies, each providing excellent - but different approaches. Both are achieving some immediate and meaningful results. If you like, I can help you lean more and also introduce you to the CEO(s) of these firms if you wish.
Armin Baur
3 年
When CEO’s start with profit sharing with employees, the employment crunch will dissapear. Shareholder value has replaced employee profit sharing and that is when employees began to feel abused. See Hewlett and Packard in 1970 - 1980. Profit sharing is a reasonable and fair approach to resching emploee satisfaction.
Dynamic Speaker & Executive Coach I Career Management & Leadership Development | Women Leaders | Talent Development | TEDx Speaker | Media Host | Book Author, Feature Contributor, & Blogger | Empowerment | Culture
3 年Savvy leaders must create enticing work environments that recruit and retain top talent. It’s not enough to talk about a good culture, the proof is in the ongoing practice of sustaining a strong culture that includes: ·??????Psychological safety where colleagues can participate in cognitive diversity and not be reprimanded, or afraid to fail forward. ·??????Ongoing professional development, and work that clearly aligns with the purpose of the organization. ·??????Options for hybrid remote work, which the research shows adds to productivity and employee wellness. ·??????Clear paths for advancement to grow from within, so talent does not have to leave an organization to seek promotion. ·??????Thriving wages with benefit packages that empower employees to have a livelihood. Supporting these concepts takes a dramatic shift in approach for many organizations. This is not only a talent war, but a revolution and a time to build something new that positively impacts the workforce, the emplyees, and the economy for generations to come.