GUIDE: EMPLOYEE RETENTION STRATEGY 2022
Retention is a core element of growing a successful organization. Experts have dubbed the current state of the workforce “The Great Resignation.” Resignation rates, already high before the COVID-19 pandemic, are now near record levels. In fact, Gartner predicts that the total annual employee turnover is 20% higher than the pre-pandemic annual average both in 2022 and the years to come.
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“This is a paradigm-shifting, disrupting moment in the world of work. What are we going to do with it? Everything is open. We just have to choose which door we want to go through.”
— Jennifer Moss, Journalist, Author, and Keynote Speaker on workplace strategy
It’s not just that employees are looking for better pay or a nicer title. Here at Bravely, we’re reframing this phenomenon as “The Great Reengagement,” an opportunity for employees to choose to lean into their current companies by re-engaging with their work. After all, employee engagement is the “involvement and enthusiasm of employees in their work and workplace” as defined by Gallup. And employee engagement leads to employee retention.
Today, employees are telling companies exactly what it takes to get them engaged and enthusiastic about their jobs. So, the organizations that listen will be rewarded with a highly skilled labor force for the long haul.
That's why we’ve put together this guide. Let’s tackle what you need to do to win the war for talent and create an employee retention strategy to keep your workers engaged and thriving.