Coffee Mornings with Northreach

From record-high quits to employee retention: Big Quit to Big Stay.


Listen Later

🎙️ Episode overview:

In this insightful episode, we dive into the evolving landscape of employment post the "Great Resignation." Join us as we explore the transition from the "Big Quit" phenomenon, where over 50 million people left their jobs in 2022, to the emerging "Big Stay" era. Here's what we'll cover:

A. Understanding the shift:

· The Great Resignation: We dissect the reasons behind this massive shift in the workforce and what it meant for both employees and employers.

· Changing dynamics: Witness the decline in quit rates, rising labour force participation, and the decrease in job postings.


B. The "Big Stay" era:

· Defining the Big Stay: Learn what "Big Stay" means and how it contrasts with the "Big Quit."

· Implications for employers: Discover why this shift is a positive development for employers, especially HR leaders, and the new challenges it presents.


C. Strategic focus for employers:

· L&D/Upskilling: Uncover the importance of investing in employee growth, from upskilling to offering benefits like online courses and tuition reimbursement. We'll share insights from Northreach and discuss the role of technology in employee development.

· Performance and recognition: Dive into the importance of acknowledging employees' contributions using modern methods like gamified approaches and aligning individual goals with company objectives.

· Enhancing Company Culture: Learn from the lessons of the Great Resignation to improve your employee value proposition,

focusing on socialisation, relationship-building, and technologies that enhance the employee experience.

This episode is a must-watch for employers, HR professionals, and anyone interested in understanding the post Great resignation work environment. You'll gain valuable insights into fostering a stable, growth-oriented workplace culture and learn how to navigate the challenges and opportunities of the "Big Stay" era.

Make sure to follow us and enable notifications on Spotify to keep up with our newest episodes and insights into the changing world of work.

...more
View all episodesView all episodes
Download on the App Store

Coffee Mornings with NorthreachBy Northreach Talent