How Can You Boost Talent Retention In The Post-Covid Era?

And there's no sign of it slowing down anytime soon. Employees are quitting in historic numbers, and the trend appears to be continuing.

What brought us here?

Employees had been dealing with a lot of uncertainty for months, and the horrible events that followed the pandemic led many of them to reflect.

Employees pondered their own values, as well as the types of connections they had with their employers and how they were treated during the pandemic.

They eventually came to the conclusion that they sought more.

While there are several causes for the increase in resignation levels, the most prominent ones are job insecurity, workplace culture, and flexibility. Among all of this, the most important point is that the epidemic served as a wake-up call in many ways.

As employees return to work with a fresh set of expectations, flexibility is leading the way.

Employees want to be able to select where and when they work nine times out of ten. This is a game-changer on a massive scale.

Employees have demonstrated that they can not only be trusted to work independently and remotely, but that they can also thrive in this environment. Many employees say their work-life balance has improved, and 48 percent of employees in the EY poll say their company's culture has improved.

More employees are beginning to consider flexibility and remote work as a requirement rather than a bonus as a result of this revived sense of value for it.

Businesses must use this as part of their talent retention strategy if they want to keep and attract people now and in the future.

Practices for retaining talent in the post-COVID era

Although flexibility is an important factor in retaining employees, it isn't enough. In the modern workplace, many other variables must be introduced, such as benefit revisions and mental health resources, access to training and development opportunities, practicing honest and compassionate communication, and enhancing diversity, equality, and inclusion (DEI) policies.

COVID-19 ushered about a sea of change in how we approach work. Business executives must adapt to these changes in order to go forward or risk losing important people. If you liked this article, feel free to browse through our blogs.