The Execu|Search Group released today its 2022 Hiring Outlook titled, Strategies For Talent Engagement In The Reimagined Workplace.The report, which provides insight into the factors that most impact employee engagement, aims to help employers navigate a quickly changing hiring market. This is critical as the Great Resignation accelerates in 2022, and more professionals leave for employers that put them first.
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“The pandemic has given professionals the chance to assess what’s important to them, and make career decisions accordingly,” says Larry Dolinko, CEO of The Execu|Search Group. “Companies that make the effort to learn what employees are looking for—and act on it—will gain a competitive edge in attracting and retaining talent. Our 2022 Hiring Outlook aims to help employers better understand these needs and equip them with strategies for building a more fulfilling employee experience.”
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Findings of the report include:
- Hybrid work is the new normal, but some employers are slow to adapt
- 61% of professionals have indicated that a ‘hybrid model’ is their ideal work environment
- 25% of employers are planning a full-time return to the office
- Flexibility is critical to retention
- 79% of professionals want to maintain their newfound flexibility post-pandemic
- 1 in 3 professionals would take a pay cut in exchange for more flexibility with a new employer
- Employees don’t feel heard
- 36% of employees do not feel their manager is empathetic to their individual needs
- Burnout is on the rise
- 51% of employees are more stressed or overwhelmed due to increased or more demanding workloads
- The Great Resignation is accelerating + hiring is competitive
- 69% of employers have experienced more voluntary turnover than in previous years, a 427% YOY increase
- 63% of employers list hiring new staff as a top pandemic challenge
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