It is likely that you have seen the term “The Great Resignation” floating around in the news, online, and across social media. If you haven’t, this idea references the significant number of employees who chose to seek new employment during 2021 and 2022. You can learn more about this phenomenon in our article, “The Great Resignation: What is It and How Your Company can Thrive Through It.” We know this change in the labor market is happening, but what caused this mass employee exodus? Chief of Research at Gartner, Chris Howard, argues that a change in culture may be the source of this turnover period in what he calls, “The Great Reflection.”
What is “The Great Reflection”?
Put simply, “The Great Reflection” is a term that describes a change in the way our culture views work and the role of work in society. In a 2021 Gartner survey, 65% of employees agreed that the pandemic shifted their attitudes toward work-life balance and 62% of respondents agreed that the pandemic made them want to make some kind of major change in their lives. This national moment of self-reflection may be a significant contributing factor to the reshuffling of the labor market.
Employers, what does this mean for you?
Compensation will always be a factor in an employee’s decision to work; however, this period of reflection has brought to light different ways that you can attract, retain, and motivate your talent outside of pay increases.
- Employees want to feel valued. Create career growth opportunities for your team members who show an interest in growing with your company. Work with employees to construct a career development plan and explore job training opportunities.
- Employees want to feel empowered. Foster a workplace culture that values open communication and problem-solving as a team. When employees feel confident expressing their ideas, it brings the team closer together and builds a sense of community within the workplace.
- Employees want to feel involved. Share company wins with your team. Your employees want to know that their work contributes to the success of the company. When your company accomplishes a goal or hits a milestone achievement, take a moment to thank your team for the many ways their work contributed to this success.
The Great Reflection changed how employees see the workplace. Taking small steps toward building a community-focused and positive work environment can help you hold onto your talent and get them excited about the long-term possibilities at your business.
How can PA CareerLink® help?
PA CareerLink® serves as the connecting link between community partners, employers, job seekers, and educational institutions. Our expert staff can help connect you with training opportunities, provide labor market data, and reach local talent looking for work. Learn more by contacting our Business Services team! Click here to get started.
Source: Gartner®
