By | Scott Lepisto | www.hrexchangenetwork.com
The labor market in 2021 is historically tight. A record 4 million workers quit their jobs in April 2021 alone.
The factors behind the Great Resignation are complex. Some workers are simply burned out. The disruptions of the pandemic have prompted others to reflect more deeply on what they want out of their work. Others, aware of the tight labor market, figure that now is the time to make a long-contemplated change. Some fear reentering unsafe workplaces.
In light of the mass exodus still underway, it’s more crucial than ever to make sure you’re doing all you can to retain talent. Learn 10 strategies that can help you avoid attrition in this historically tight labor market:
Make DEI Part of the Culture
It’s not enough to hire more diverse staff if they’re still encountering prejudicial behavior in the workplace. According to a recent study from LinkedIn, 50% of workers in tech and IT between 18 and 28 years of age left work because the company culture made them feel uncomfortable or unwelcome. Mandating DEI training isn’t enough to retain this young, historically diverse workforce. To make your workplace as appealing as possible, make DEI part of your organization’s DNA.