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The COVID-19 pandemic was a struggle that no one wanted. For a lengthy period of time, companies have dealt with a shrinking talent pool, but the global pandemic accelerated this talent shortage to a point that no one could have predicted. To crack a tight labor market, companies are increasing salaries, offering more long-term incentives, perks, and benefits, and paying sign-on bonuses. HRMatrix is here to provide your business/company tips on what to change about the workplace so that you increase and secure employee retention.
The pandemic caused us to shift from hour-long in-person meetings to condensed half-hour Zoom calls – making every transaction virtual. In 2022, leaders require more deliberation about generating opportunities for deeper connections within their companies or else risk employees going deeper into silos. Organizations must instill an enhanced culture of listening, understanding, and inspiring employees to feel more connected as there had been a major lacking throughout the pandemic.
It’s hidden in plain sight
The employees you have will become the employees you require. Facing a talent shortage means organizations will start to focus more on internal mobility, reskilling and upskilling existing employees to prevent a reduction of mass productivity. To achieve their reskilling aims, many companies are upping their training, coaching, and mentorship programs while also creating more on-the-job learning experiences. Others companies are investing in new technologies to help advance careers.
Moving from disruption to reinvention
In 2022 change translates to opportunity. A lot of the past two years have been about organizations changing what they did and how they did it because they simply had to. This was completed without much consideration or planning for the future. But there is a flip side to this disruption. If companies can obtain the flexibility shown by their workforces, they have an opportunity to reinvent themselves for a new age—seeking solutions for shortages, digital acceleration, supply chain issues, and ever-shifting consumer demands.
Committing To It
Enhanced action on sustainability is also known as ESG. Sustainability issues are now firmly on the boardroom agenda because of the dramatic shortage recently experienced. The demand for organizations to take action will increase and become more intense in 2022. More and more organizations are realizing that science alone will not get them where they need to be. Meaningful transformation needs changes in mindset and skillsets.
Being Better by Doing Better
Putting the health and wellness center stage is very important, especially now. Employees feel increasingly burned out from an abundance of Zoom sessions, a lack of interpersonal connection with colleagues, a lack of separation between work and home, and several personal challenges rising from the pandemic and social unrest.
Organizations are putting employee wellbeing center stage since there was a huge decliner regarding it. This is a lot more than introducing mental health initiatives or fitness-related benefits. Culture change is needed and leaders familiarize themselves with discussing mental and personal health with team members—not an area of leadership development many have focused on before.
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