After a tumultuous 20 months, employees are struggling with grief, loss, and burnout. Consider taking these four actions to shore up a long-term talent strategy:Īddress burnout. What does this mean for a company’s talent strategy?Įmployers must be thoughtful and creative to retain the right talent, develop skills to fill critical gaps, and attract new people. Recently, a McKinsey survey found that nearly a quarter of employers believe they are holding on to more low-performing talent now compared to a year ago. In the U.S., voluntary attrition increased by almost 800,000 in the past year, while involuntary attrition decreased by almost 400,000 during the same period according to the Bureau of Labor Statistics. A record number of employees have or plan to quit. October 28, 2021The Great Attrition is happening.
