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Agilemania
Agilemania, a small group of passionate Lean-Agile-DevOps consultants and trainers, is the most tru... Read more
Agilemania, a small group of passionate Lean-Agile-DevOps consultants and trainers, is the most tru... Read more
‘Another top performer quit the firm.’ Are you hearing these words a lot these days from your managers? Before you brush it under the carpet, here’s something you need to know. The Great Resignation is your doomsday. The pandemic has wrecked the last two years. The dreaded Great Resignation began to spread like wildfire only when things seemed to be going back to normalcy.
As per the US Bureau of Labor Statistics, 4 million people quit their jobs in July 2021. And Gallup reports that 48% of America's population is looking for job opportunities. This is not limited to a particular country or region but the entire world. So if you’re still in disbelief, read further to find out why the Great Resignation isn’t a myth but a problem that needs to be sorted out. Let’s look at the reasons to prove that Great Resignation is real and not just a conspiracy theory.
Organizations are still in denial about the Great Resignation. Most organizations are resorting to financial perks like Thank You bonuses. These quick fixes make employees see them as transactions.
Here are some of the reasons that will change your mind about the Great Resignation.
Leaders who think that employee attrition is on the decline or the Great Resignation is limited to specific industries, then sorry to burst your bubble. According to a Mckinsey survey, 40% of the employees reported being highly likely to quit in the next 3 to 6 months.
In addition, 18% stated that they are going to leave, and the decision is final. The survey was conducted across 5 countries, i.e., Australia, Canada, Singapore, the UK, and the US. Industries such as hospitality and leisure are at greater risk of losing employees. Healthcare workers and one-third of educators are also likely to quit.
If you think employees will play it safe, you’re in for a rude shock. 36% of the employees reported quitting within the last 6 months without a new job. The case isn’t any different in the US, as 40% stated they quit without a new job offer.
Suppose you think that the best marketer or the coder isn’t going to quit. Then think again. 60% of the employees reported they aren’t likely to quit in the next 3 to 6 months. Organizations should not be caught napping because they will be remote jobs when the talent pool is small. Employees are likely to switch when this is the case.
The survey also revealed a not-so-surprising fact. 65% of the respondents stayed in their jobs because of the location. The other 90% who changed jobs in different cities didn’t have to because they were offered remote jobs.
A six-figure salary isn’t always going to get your employees to stay. Senior personnel should make an effort to understand why employees are leaving. What measures do you think should be taken? Think! To fix problems, you need to know the cause. The reasons often cited are poor work-life balance, salary, and impoverished physical and mental health. The other reasons attributed were not enough value and recognition, uncooperative managers, and lack of belonging.
You might be interested in reading: 5 Step Guide to Avoid Digital Transformation Failure in 2023
In a rapidly changing world where trends of today become obsolete tomorrow, hiring an Agile Coach can help you turn things around. “But, Agile Coaching costs a fortune. Why should I invest in one?” Here are the tangible benefits of Agile Coaching that will change your mind-
Want to become an Agile Coach? Get started with Certified Agile Coaching (ICP-ACC) Certification Training
Agile Coaching can work wonders for your organization. No matter which framework you want to implement, an Agile Coach will guide you in the right direction. They will help solve Agile adoption challenges and revamp the entire organizational structure to facilitate Agile transformation. Increased employee engagement means happier employees. Happier employees lead to a more productive, highly profitable, and healthy workplace. An Agile Coach doesn’t have a magic wand, but they have actionable solutions to all your problems.
Agilemania, a small group of passionate Lean-Agile-DevOps consultants and trainers, is the most trusted brand for digital transformations in South and South-East Asia.
WhatsApp UsHad an amazing session on scrum. I must say Preeth is an awesome coach with a lot of experience. He connected the scenar...
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The 2 days session on PSPO-A by Piyush Rahate was informative and engaging. Thank you Piyush for all the learning.
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For a detailed enquiry, please write to us at connect@agilemania.com
We will get back to you soon!
For a detailed enquiry, please write to us at connect@agilemania.com