How To Survive the Great Resignation

The COVID-19 pandemic changed our world, especially the working world. The trend that is being seen across the country is workers resigning from their roles in all industries across the labor market, with no slow down in sight. One market survey showed one in five workers reporting they are extremely likely to switch employers leaving employers with new positions to fill.

For many small businesses, the timing of this trend is particularly unfair. You've been able to navigate through the pandemic and keep your doors open and revenue coming in, only to run into another obstacle. The good news though, if you've survived the challenges put before you over the last two years, you can survive the 'great resignation' challenge.

While not every solution will work for all small businesses or even large companies, there are some changes you can consider making to your business model based on what your employees value. These are some practical tips that might help your business survive the 'great resignation.'

1. Entrust Your Current Employees

Keeping the employees you have staff now is more important than ever. While turnover rates and resignations are at their highest, counting on your current team to help more and making it worth their while will help you navigate the tight labor market.

When your current employees put in a little effort, ensure they feel appreciated. Recognize their hard work and connect it to the success of the business and reward them if possible. Rewards can be moving up the promotion schedule, offering extra benefits or perks, or allowing them to attend training programs to further their knowledge in the industry. The bottom line is if you take care of your good people, they will in return take care of you.

2. Rethink Your Hiring Process

Putting a 'Help Wanted' sign in your window is not enough to get new talent into your business. You want to get creative with your hiring strategy and post online. There are many social media platforms for you to use, such as Instagram, LinkedIn, or Twitter to get the word out that you need new employees.

Another step in your hiring process should include performing background checks and screening potential new hires. Grow Simply will help you learn if candidates are giving you the right information on their applications. Background checks and screening also help you find talent that is fitted to your business's culture and increase your employee retention.

3. Don't Hire for Now- Hire for Your Future

Focus your hiring strategy on the future rather than just your current needs. Think long-term and build your workforce with employees that will stay with you so you don't end up short-staffed in the future. Using outside services, such as Grow Simply, will help you hire talent with good performance records, and avoid those who are likely to leave your employment quickly. Background screening and checks give you peace of mind so you are not hiring criminals or those with performance issues in their past employment.

4. Make Big Differences with Small Changes

To ensure the employees on your staff are satisfied with their employment and are likely to remain with your business, you can create job-crafting conversations. Encourage your staff to have a conversation to determine what they love about their work, and what could be changed to increase their satisfaction. You might be surprised how small changes in the workplace can make big differences in employee satisfaction and reduce turnover rates.

How to Hire New Talent During the Great Resignation

Grow Simply helps your business find the right new talent. Performing background checks and screening on possible new candidates ensures you maintain your standards during the hiring process and keeps your workplace safe. Contact us today and learn how we can help you improve the quality of applicants during your hiring process and weed out the unqualified and unacceptable choices.