Nearly 85% of people in the U.S. are considering changing jobs in 2024. Daniel Shapero, COO at LinkedIn, highlights the risk of a new wave of high employee turnover, referred to as the Great Reshuffle 2.0. As the economy stabilizes, employees who felt stuck during the pandemic are now considering job changes. Key Insights: 🏆 About Career Growth:
"Employers can reduce attrition by putting employees, particularly top performers, in new roles every 24 to 36 months. This approach helps keep their work interesting and promotes professional growth".
🦾 About Recruiter Support:
"Recruiters represent your company to candidates, and it’s critical that they feel passionate about working with you. Recognize and appreciate your recruiters to keep them motivated and effective".
🛠 About Advanced Tools:
"Investing in advanced technology and tools like generative AI is critical. AI helps recruiters scale quickly to meet demand by automating mundane tasks and enabling them to focus on connecting with potential candidates".
⏰ About Proactive Measures:
"Higher attrition rates are coming. It’s during these moments of reacceleration that those who are prepared win market share. Take steps now to retain and attract the right talent".
What steps is your company taking to adapt to the changing landscape of employee retention amidst the Great Reshuffle 2.0?