Knowledge ManagementLeadership

Losing Sleep Over Employee Attrition? Here’s an Idea

Organizations worldwide made robust arrangements to address the fundamental needs of their employees’ safety, security, and retention. Nonetheless, changing priorities call for an agile approach to survive the next phase of the COVID-19 pandemic. In this article at McKinsey, Andrew Samo and his co-authors clarify why employees are reconsidering their work. Especially millennials that are thrice more likely to review their current job.

Deliberate Effort

Indeed, the talent acquisition division needs to revive its strategy to manage and retain top industry talent. Passionate professionals showcase their proficiency and flexibility. If the employee’s goal complies with the company, both will benefit. Per recent reports, about 70 percent of employees find their life’s purpose in the job they do. Employers can enable their employees to find the real meaning of work and help achieve their targets.

Optimize Triumph

Learn what your employees want and ensure that they are getting it. They want more purpose from work than what they have been receiving. So, employers and leaders must encourage their staff to grow and stay relevant.

Accept Results

Lack of interest at work and life results in a business slump. Until the employees believe in your brand and consumers, they will lack interest in their work. Encourage them to address problems at an early stage and make necessary decisions to act upon them.

Thoughtful Actions

Your actions as a leader or employer reflect on the choices employees make. You can make significant changes in their lives and performance by focusing on liabilities. Track leaders, employees, and stakeholder’s commitment and observe their progress. Click on the following link to read the original article: https://www.mckinsey.com/business-functions/organization/our-insights/help-your-employees-find-purpose-or-watch-them-leave

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