E-BOOK
Scroll down for highlights
The U.S. quits rate continued to break records in 2022. The peak of what’s been called “The Great Resignation,” workers parted with their organizations in droves. Fearful of leaving their jobs in an uncertain economy, many employees who would have moved on stayed put at the onset of the COVID-19 pandemic. Others, from frontline workers to employees were asked to absorb higher workloads due to layoffs and hiring freezes, and experienced high levels of burnout, which are catching up with them. Even though the economy is in a different place in 2023, the trend of pent-up resignations continues
Download e-bookscroll down
keep going!
The HR landscape has transformed dramatically in recent years. People operations leaders played critical roles in the rapid shift to remote and hybrid work. Technological advancements gave rise to more precise workforce methodologies like people analytics. Talent shortages and increasing demand for technical skills pushed learning and development managers to expand upskilling opportunities. Societal calls for racial and gender equality, mental health awareness, and better benefits for workers impacted nearly every industry.
While these changes have been largely positive, HR and internal communications teams are struggling to attract top talent and keep employees connected and engaged in today’s increasingly dispersed work environments.
Source: Gallup (2021)
To address lackluster employee engagement, many communications and PeopleOps teams have turned to video. In fact, almost all (93%) of the nearly 200 HR professionals surveyed in our 2021 State of Enterprise Video study believe video content is an effective tool to engage employees.
Turnover typically costs around 2x an employee’s salary. Click and drag the circle on the calculator below to find out what that means for your organization.
Use slider to select company size
My company has
employees
With a 2.9% quits rate and average salary of $70k
Losing
employees
could cost
Download the full PDF report now
