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The COVID-19 pandemic has brought into sharper contrast the rise in inequality between business practices and employee well-being that already existed before the pandemic.
The deep-seated dissatisfaction many employees have with current human capital business practices has brought about "the Great Resignation," an historic event in employee and labor relations with unprecedented numbers of employees quitting their jobs. It's not just about money. The article points out that one third of the US workforce earns $15 an hour or less, but the "Great Resignation" is not limited to these lower wage workers. This affects the total U.S. workforce, leaving organizations with critical employee shortages.
It's not just happening in the United States. This is a global phenomena.
Many employers don't fully understand why this is happening, and are left scratching their heads trying to figure out why their employees are leaving in droves. Research cited in this article shows there's a chasm between the factors that are most important to workers versus factors employers believe are most important. Employees are now re-examining what they want from work and life itself, and are voicing expectations with employers to establish a "new normal" that recognizes their "whole person" needs. Employers are often overlooking relational elements that are the key driving factors for why people are leaving. This article details surveys and valid research showing the topmost findings regarding retention. It has much to do with the evolution of employee well-being over employee wellness, and what workers want and need from their employers in contrast to what leaders and managers think they want.
This article was published in the ISODC (International Society of Organization Development and Change) Skyline Magazine by Jonathan Pugh (SPHR, IPMA-SCP, SHRM-SCP, RODC) and outlines some practical strategies OD practitioners can use to help organizations meet current critical challenges. This is valuable information for leaders, and managers alike.
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Source: Best Practices in COVID-19, Organizational Design PDF: Reclaiming OD's Roots in Response to the "Great Resignation" PDF (PDF) Document, jpugh28
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