A Gartner Inc. survey found that 91% of HR leaders are concerned about employee turnover in the coming months and another Gartner survey found 50% of employees hired over the past 12 months have received at least two additional job offers.
The former survey included 572 HR leaders and took place in July. The candidate survey included 1,609 job seekers and took place between May and June.
“As the economy continues to recover from the disruption caused by the COVID-19 pandemic, organizations are facing a very different — and extremely competitive — job market than years past,” said Jamie Kohn, research director in the Gartner HR practice. “While many are experiencing a record number of open roles, companies are also trying to mitigate pent-up employee turnover.”
Gartner recommends that for employers to stay competitive, they should consider different forms of flexibility such as work hours, location and length of workweek. HR leaders must also help managers conceptualize the potential career paths of their direct reports generally, not just specific next steps. HR leaders must also identify long-term talent gaps at the organizational level and partner with business leaders to acquire the skills.
“Organizations often overlook the potential within their own organization,” said Kohn. “Improving internal mobility can help employers find employees with adjacent skills; boost diversity, equity and inclusion; and tap into nontraditional talent pools that are outside customary recruiting hot spots.”
Source: Staffing Industry Analysts