For many people, 2020 has been a time of uncertainty and upheaval. Although some people lost their jobs, there was a change in the way companies worked. Some companies are looking to revert to old ways of working, but this can lead to issues with existing staff. Here's why employee retention is essential in the post-pandemic world.
SummaryWhat has changed during the pandemic?A larger talent poolWhat can companies do to retain their staff?ConclusionWith so many people confined to their homes, it has made work difficult for many. Companies had to find new strategies to deal with the lack of physical labour.
The digital revolution has been building for a while, but the pandemic has pushed it forward for many companies that saw working from home as the only solution.
For many workers, the idea of working from home may not have initially appealed to them. However, the practical necessities of the pandemic era have led many employees to rethink their view of working from home.
Businesses have seen the benefits of having their employees work from home. This same advantage also allows them to expand their recruitment network.
Companies have less need to find employees near their offices or even in the same country. While this is also a benefit for employees, it is also a warning for employers who want to retain their staff.
If your company decides to call everyone back to the office, some employees might decide that's not what they want. These workers will see the job market as a global opportunity, making it easier for them to find new positions.
There is no doubt that the pandemic has changed the way employees want to work. As an employer, it is essential that you understand how things have changed and are moving towards a new way of working that includes hybrid solutions.
Employee benefits that were appropriate before the pandemic may now be irrelevant. Finding new incentives such as an employee group life insurance policy will help you retain your employees and give them something they can use in the new environment.
Communication has been at the forefront of workforce happiness and well-being in 2020. Old ways of communicating must change to ensure workers are happy and motivated at home.
While your workforce can largely work from home, you still need to give them the same opportunities for advancement. It can be easy to assume that your employees are happy in this new world and not giving them the opportunity to improve their skills.
Finding talented people to join your business is now easier than ever. The old location constraints are no longer as important as they used to be. It also means that forging connections to markets in other countries no longer strictly requires you to have a physical office in each of those territories.
While there have been many negatives to come from the pandemic, 2020 has shown that previously hard-to-achieve work practices are actually easier than companies thought. As technology and internet speeds improve, more businesses will join the work-from-home revolution and see the benefits it can offer.
