The American workplace has long been an evolving landscape. From the industrial revolution to our contemporary global arena, businesses have had to become more flexible to adapt to the recent challenges. Since the pandemic, more than half of the workforce demographic of 18 to 25-year-olds have been questioning whether they are in the right occupation.
In fact, studies show that not only are 54% of Generation Z workers considering a new career, but 41% of the global workforce may also be handing in their resignation.
Since employee retention is a key factor in the success of any company, it’s important for employers to make sure that their employees are happy and satisfied with the work they do.
What Is the Great Reshuffle?
The Great Reshuffle is the process of adapting to the changing workplace. It is a natural consequence as workers search for jobs they feel better suit their lifestyles, values, and needs. Although individual requirements vary, having a flexible work environment has become one of the primary considerations for many.
If companies want their employees to stay, they need to make workers feel like they are appreciated and are part of something bigger. To keep employees happy, consider the following tips.
Offer Competitive Salaries and Benefits
A company should offer competitive salaries and benefits to their employees. Offering competitive salaries is one way that employers can help attract and retain the best talent. Higher pay means a higher quality of life, which in turn leads to more motivated workers who are more productive.
Receive and Respond to Feedback
Feedback is a two-way street. Employers should not only be giving feedback to their employees, but they should also be receiving feedback from them. Feedback can help employers learn what they are doing well and what they need to improve on. It also provides them with information regarding employee needs.
Employees are more likely to feel engaged in their work when they have the opportunity to give feedback to their employer and know that the employer is listening and will take it into consideration. This can lead to increased productivity, better morale, and a stronger sense of community among the employees.
Offer a Flexible Work Environment
The workplace should be a place where employees can work in an environment that is most suitable for them. The environment should be flexible and offer the employee the opportunity to work remotely if possible.
The benefits of a flexible work environment are numerous. Employees are able to focus better when they know they have the freedom to choose where they want to work from. They also feel more productive and satisfied with their jobs as compared to those who don’t have a flexible workplace and are stuck in one place throughout their shift.
Create an Inclusive Environment
Fulfilling work is one of the most important aspects for both Millennials and Gen Z. As such, it is important to offer them an environment that allows them to feel like they make a difference through their efforts.
A good work culture is one where the employees feel appreciated and are given opportunities to grow in their positions. This can be accomplished by having an open office space with a lot of natural light, and by offering training opportunities for employees.
Show Sufficient Appreciation for Hard Work
Employers should show ample appreciation for hard work. This is not to say that employers should be giving their employees gifts every day or an over-inflated paycheck every month. However, they can do things like giving an employee a day off or telling them how much they appreciate their work and all that they do. A simple, heartfelt “thank you” can go a long way.