In November of 2021, over 4.5 million people in the United States quit their jobs, continuing a trend of seismic shifts in the labor market.
The movement has largely been labeled the Great Resignation, and it has left employers scrambling to improve employee retention.
Lifehack recently offered some helpful tips for any leaders looking to adapt and thrive amid changing times.
Here are 3 things they suggest:
1. Operational changes: Many industries have already made the shift to remote working, forcing employers to abandon many old management mindsets. This includes trading traditional training methods for online courses and employee-led resource groups focused on knowledge sharing.
2. Adjusting perceptions: In order to encourage a culture of productivity, employers need to start measuring success based on results rather than hours spent working.
In exchange for traditional operating hours, management has had to embrace asynchronous working hours for remote employees.
3. Focus on mental health: Maintaining a healthy team environment with scheduled online gatherings can help combat feelings of isolation. New collaboration tools allow teams to stay connected despite working remotely, and theyhelp leaders to keep their teams motivated.
The challenges of the changing labor market could help drive employers to create a more flexible, employee-focused and output-driven future.