13Sep

Everything About the Great Attrition Wave

Do you feel the reshuffle? The very transfer of power from the employer to the employee! The talent acquisition on employment chessboard is very much a strategic process!

Sometimes, all the HR processes might get into nerve! Whereas the most irritating aspect of the HR process is post-analysis of resignation. Over the past years, it has become irrelevant. What do you think has changed?

All recruiters and HRs must realize they are on the verge of undergoing a meaningful change. The hiring and human resource management process is at the heart of a revolution.

Resignation is the ultimate consequence of a prolonged episode of recurring unhappiness!

Factors Contributing to the Attrition Wave

The great attrition wave is a noticeable change in the corporate landscape. Great businesses have been struggling to find a promising solution to the problem. Let us run through a few obvious factors contributing to this great.

1. The Arrival of the Unwanted Stagnancy

A monotonous life is less lived. Being familiar with mundaneness is one of the most challenging aspects of adulting. Employees must get opportunities to do something different each day.

2. The Need for Workplace Validation

Employee validation is one of the primary factors impacting workplace satisfaction. Thus, organizations must take dedicated steps to recognize employees’ efforts. As a result, they must feel happy and valuable at the workplace.

3. Cluttered Communication

You can chalk out a way for introverts to communicate the essentials. An HRMS can contribute to the process. They can request SKIP meetings and one-to-one sessions without conveying them to anyone.

4. Hints of No Growth Soon

The urge for growth is ever-growing. Learning and development is the only way to grow at an organizational level. Unfortunately, employees often quit if there is no room for growth at the workplace.

5. Biased Work Environment

8 out of every 10 women resigning from a firm will have an issue that has something to do with workplace bias. How can we be this sure about it? Well, stats suggest that. So, what do you make out of it? An inclusive work environment is the best way to go forward. From pay disparity to workplace norms, HRs must ensure equality in every possible way.

Coping Up the Right Way!

The growing number of resignations and the fragility of job commitments are worrisome. Moreover, it is a serious concern for corporate firms across the globe.

Employees often look for more flexibility and better growth opportunity. Thus, they often look forward to upgrading their work life with a better environment and pay. But, there is a way to cope with it.

Here’s what companies can do:

  • Appreciate employees for good work
  • Introduce challenges to prevent Stagnancy
  • Focus on burnt-out employees and allow them a day-off
  • Encourage rapport between colleagues
  • Assuring them the job security
  • Learn from your exit interviews

Real desperation to upgrade is what resignation is all about. Yet, the ideal way of dealing with it is not letting desperation take birth in the first place!

17Aug

Elements of an Ideal Work Environment

Just think of a workplace where you happily spend your time working for a product or service you firmly believe in. You have the freedom to express your opinions and access the organization’s status quo. You are appreciated, appraised, and respected. Above all, your productivity is continuously hiking to heights and beyond! 

Gone are the days when your career success is measured with your current CTC. More surprisingly, having a work environment that suits your personal and professional requirements is one of the pivotal elements of a successful career. Hence, HRs across the globe have been walking on the edge to achieve the best working environment in the organization. An ideal work environment has become the most common priority of employees across the globe.

Top 10 Attributes of an Ideal Work Environment

The sizzling hiring market is on the verge of a much-required shift! The power has shifted from employer to employee. Talent is moving swiftly, and attrition is breaking out like a pandemic. The only way to employee retention is a positive working environment. We have drilled down the pivotal factors of an ideal work environment to help you have a deeper understanding of an ideal work environment.

1.    Employee Engagement:

One of the most critical points of retaining employees is employee engagement. It is quite an essential piece of the employee satisfaction puzzle that keeps them motivated and committed to the employers.

2.    Positive Goals:

The workplace’s goals should align with everyone’s growth, harmony, and the company’s objective. It must consequentially benefit employees and contribute to the team’s professional development.

3.    Open Communication:

Open communication is one of the significant keys to organizational success. Organization must encourage employees to express their feedback and thoughts transparently for smooth communication.

4.    Positive Methods of Reinforcement:

Levelling up productivity is all about positive reinforcement. It includes regular feedback on work, providing employees ample opportunities to expand their contributions, and inspiring them to speak up about their challenges.

5.    Emphasis on Employees’ Health:

Ultimately, post-pandemic situations have already indicated the importance of employee health. Physically and mentally burnt-out people always look for a workplace with an empathetic corner for employees and their wellbeing.

6.    Unity And Teamwork:

All the members of the team must be trained to work unitedly. The collaborative approach to solving a problem increases work satisfaction exponentially.

7.    Appreciation For Hard Work:

Recognition and appreciation of hard work play a significant role in employee satisfaction. Expressing gratitude over social media and using a corporate gamification system can be tactical tools for employee appreciation.

8.    Equality Assurance:

People must sense equality in the workplace. A workplace should be unbiased and give all employees equal rewards, opportunities, and resources without fail.

9.    Remuneration:

After all, money is one of the significant differentiators for every employee. Hence, employees must get a fair share of increment in their remuneration to feel motivated towards performing better.

10. Welcoming The Diversity:

An ideal workplace welcomes all sorts of people to sit together and have a great time working together towards a common goal for the organization’s benefit. There might be considerable dissimilarities in thoughts, gender, caste, creed, religion, colour, ethnicity etc. But a workplace should be unadulteratedly equal for all the employees.

Final Words:

Employees always crave professional development. It is neither all money nor all workplace satisfaction; it’s a grey area. But a magnetic workplace is all about the proper evaluation and appreciation of talents in a workplace. An approximate blend of all these attributes brings about the most productive workplace.