Employee engagement is essential to attracting and retaining high-performing employees, especially amid the Great Resignation. Explore our latest resources below for insights and strategies to maximize employee engagement.
Adding to an already complex work landscape, the looming economic downturn comes amid an unprecedented labor shortage and a global pandemic. This combination paints a complicated and anxiety-inducing time for HR leaders everywhere. The real challenge for HR leaders, however, is to reimagine talent management while balancing rising employee expectations and business needs during market turmoil — not an easy task. Use this time to reimagine your organization leveraging the following expertise.
In November of 2022, U.S.-based employers reported 76,835 layoffs — 129% above the 19,052 reported cuts announced in the same month of the prior year. Significant amounts of displaced employees coupled with a lowered economic output is a significant indicator of one big thing — a recession. The pressure this creates for organizations to weather whatever the economic downturn throws their way is tremendous, making the fact that only 29% of companies have a formal exit management plan in place alarming.