Introduction
The world has changed drastically over the past year, making it difficult for employers to adjust to the new normal. From the great resignation of 2019 to the global pandemic, employers have had to grapple with a new set of challenges. In this blog post, we will explore the lasting impact these events have had on employers.
According to surveys created by the Pew Research Center, “low pay (63%), no opportunities for advancement (63%), and feeling disrespected at work (57%)” were the top three reasons respondents cited for leaving their jobs during this particular wave of resignations.
The Great Resignation
The great resignation of 2019 was an unprecedented event that had a profound impact on employers around the world. For the first time, millions of people left their jobs voluntarily, creating a labor shortage and forcing employers to rethink their hiring and retention practices. Employers had to be more competitive in their job offers, offering better wages and benefits, as well as more flexible work arrangements.
The Global Pandemic
The global pandemic has also had a significant impact on employers. With the threat of the virus, employers had to quickly implement new health and safety protocols in order to keep their workforces safe. This included providing personal protective equipment, implementing social distancing measures, and limiting contact between workers. Employers also had to adjust their business models to accommodate remote work, which has become a necessity in many industries.
The Future
The lasting impact of these events on employers is still unfolding. Many employers have had to adjust their hiring practices and workplace policies in order to remain competitive. Furthermore, employers must be prepared to respond to future challenges, such as economic downturns and global health crises. Going forward, employers must prioritize the health and safety of their workers, as well as the flexibility to adapt to changing conditions.
Conclusion
The great resignation of 2019 and the global pandemic have had a profound impact on employers, forcing them to rethink their hiring and retention practices. Employers must be prepared to respond to future challenges, such as economic downturns and global health crises, in order to remain competitive. By focusing on the health and safety of their workers and being prepared for future changes, employers can ensure their continued success.