Valuing Your Talent in 2023Jan 09, 2023
In 2022 we witnessed "The Great Resignation." With 4 million people quitting their jobs every month this year, talented employees are available and looking for new opportunities in the workplace. When that many people quit their jobs, the reasons seems essential to know why!
The top three reasons given by those who resigned this year are:
1. Lack of career development/advancement
2. Inadequate Compensation
3. Uncaring or uninspiring leaders
Do you notice a theme with those top three reasons?
Each one of them is connected to value.
It can be easy for leaders to blame all of the outside influences for the great resignation. But if we look at the reasons given, we have the ability to influence each one of them by showing our employees how much we value them.
In 2023, new talent coming into our companies probably left their previous employment due to a lack of value. These new employees will be looking for fulfilling work, ongoing chances to grow, and flexibility. It is absolutely our responsibility to provide this for them if we want to keep and develop great talent in our company!
Saying you will provide those things for your employees is one thing, but providing a framework where your organization can execute on those promises is another.
Set your teams up for success in 2023 by making them a priority. Not sure how to make that happen? That's where Talent Magnet Institute comes in.
Let us help you with your 2023 year planning! We'd love to provide guidance and support to your company. Reach out to us here.