Trent Cotney, CEO, Cotney Attorneys & Consultants
As businesses recover from the economic, medical and social impacts of the COVID-19 pandemic, they may be facing another challenge: attracting and retaining the best employees. While many employees worked long, often-remote hours during the pandemic, others were laid off or furloughed. Although these experiences vary, the conclusion for a large number of workers is the same. They are ready to find a new job.
Those who found themselves working 24/7, often while juggling childcare and homeschooling, are likely burned out. These employees could feel underappreciated by employers who expected high productivity despite all the obstacles they faced. Those who were furloughed or laid off – especially those in service industries – may have no interest in returning to their previous companies or even to the same industry. They may be ready for something different.
The result is that all kinds of companies are facing worker shortages. They are seeing their top talent resign and embrace new opportunities and they are having trouble filling current and new positions. What are employers to do? Below are some key strategies for managing the turnover tidal wave. Read More.