SHRM (The Society for Human Resource Management) shared findings from a new survey, 2021 SHRM Surviving the Great Resignation, that highlights the needs and rationale of workers – loyalists – who chose to stay with their current employer amid
a wave of job resignations that is sweeping the country, leaving no industry, position
or experience level unaffected.
“Employees are leaving their jobs to pursue new opportunities in record numbers,
making hiring and retaining talent a significant challenge for employers across
the country,” said Johnny C. Taylor, Jr., SHRM-SCP, SHRM’s President and Chief
While the great resignation is showing no signs of slowing down, there are plenty
of loyalists who decided to remain in their role. Following their former colleagues’
exits, more than half (52%) of those who chose to stay say that they’ve had to take
on more work and responsibilities. These workers are now left to reconsider their
options as 30% report struggling to get necessary work done, 27% feel less loyalty
to their organization, 28% feel more lonely or isolated, and more than half (55%) now
wonder if their pay is high enough.
Business leaders are taking steps to combat the great resignation by offering more
competitive benefits for both new recruits and remaining employees. More than half
of organizations (58%) report that beyond normal yearly increases, they are offering
higher starting salaries and wages than last year. Among HR professionals who said
their organization has seen higher or much higher turnover in the past six months,
42% said their organization has implemented new or additional remote work or
flexibility options to reduce turnover, 32% have increased employee referral bonuses
and 28% have introduced new or additional merit increases.
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