Staff turnover is a cause for concern at any time. But, in 2021, concern turned to widespread panic as quit rates soared across the country. This phenomenon reached such proportions that it earned a nickname: The Great Resignation.
Helios HR partnered with DCA Live to host the first executive roundtable discussion of 2022 yesterday! Throughout the year, DCA Live brings together groups of leaders to discuss their top issues and brainstorm solutions. The focus of our conversation yesterday was around human capital and talent management. The roundtable discussion included leaders: Kathy Albarado, CEO, Helios HR AJ Buniak, SVP, AssuredPartners Celia de la Torre, HR Director, Dignari Inc Erin Fristoe, Director of Talent and Community Engagement, Research Innovations Incorporated Marisa Krafisg, Chief Human Resource Office, Intellidyne Laurie Smith, Director of HR, Nodal Exchange Alex Taylor, Sr Business Investment Manager, Arlington Economic Development Key Themes & Takeaways 1) Vaccine mandates are creating heartburn for employers "The back and forth on the executive order on vaccines has been very challenging and is making recruiting that much harder. Our recruiters are having to ask candidates if they are vaccinated and it complicates the process. It's also awkward for everyone and may wind up ultimately being unnecessary. My poor recruiters are getting beaten up all the time." Another leader shared that they are not requiring vaccines, but they do require employees to share their vaccination status with the company.
Last year, during a lull in the pandemic, businesses experienced one of the most unexpected Total Rewards trends in recent memory.
If you’re an HR leader, you’ve had to contend with a lot of uncertainty in the past two years. There’s been a pandemic, a shift to remote working, civil and cultural unrest, not to mention the staff turnover event known as The Great Resignation.
As one year ends and another begins, it’s the ideal time to start preparing for the challenges ahead. There are some standard things to put in any preparedness checklist, such as reviewing your staffing plan, ensuring open enrolment is working, and talking to department leaders about their resource and training needs. But after the extraordinary events of the past year, you may need to include some additional items to your checklist.
Does your company offer an amazing employee experience? Before 2021, most HR leaders would have answered yes. But then The Great Resignation happened, which caused many employers to question the fundamentals of their HR strategy.