You can't afford to lose your talent
Only your people can make your ambitions a reality. But employees are fed up, disconnected and under-appreciated. And it shows. In November 2021, 4.5 million Americans quit their job.
You need to do something impactful to hold on to your best people.
of employees are actively job hunting
of professionals predict the Great Resignation will grow
believe this is the worst talent shortage in history
But the solution is not one size fits all
Current and future employees won’t be wooed just with pay hikes and bonuses.
They want more.
From our research, we’ve found five things that employees are looking for:
The Great Resignation is in your control.
If you meet employees' changing expectations
Here are six key steps to get you started:
Filter by:
-
Focus on the candidate experience
- Reshape your employee value proposition (EVP)
- Cast a wide net in the search for talent
- Put candidates at the center of your recruitment process
-
Build confidence in leadership
- Connect employees to your mission, vision and values
- Ensure the EVP aligns with the employee experience
- Develop and communicate a compelling approach to ESG
- Enhance leader effectiveness
-
Deliver a fair deal
- Design doable and flexible jobs
- Commit to employee well-being
- Design reward programs that consider employee preferences
- Consciously and transparently commit to equity
-
Enable your people to grow
- Assess the talent you have against the capabilities you need and provide targeted upskilling and reskilling
- Create a formal career mobility program and internal talent marketplace
- Match the right people to the right roles
- Put in place performance management that works for employees and leaders
-
Put your trust in your employees
- Be clear about expectations
- Put decision making at the right level
- Address risk-averse cultures
- Create channels for employees to contribute their ideas
- Develop leaders
-
Build an inclusive and energizing culture
- Listen to employees
- Develop inclusive leaders and align their goals to inclusion
- Use inclusive design to build equitable and transparent talent processes
- Help your people build inclusive mindsets, skillsets and relationships
How we can help you attract and retain the right talent
Talent acquisition
Whether you're recruiting 1 or 1,000 people, at the c-suite or the frontline, we'll help you find and onboard the best people for your business.
Talent retention
We'll work with you to build an employee experience that links your employees to a bigger purpose - one where they feel included, rewarded, connected and in control of their career.
Let us be part of your success story
Find out how we can help you attract and retain the right talent for your business
Related insights
Talk to an expert
By submitting this form, you are agreeing to our Terms of Use.
Any data you provide to us is governed by the terms of the Korn Ferry Global Privacy Policy.
