After the pandemic, the war for talent is fiercer than ever before. The ‘Great Reshuffle’ is real, and employers are struggling to keep great talent. The share of US LinkedIn members changing jobs has risen by 30% compared to 2021, and 21% compared to 2020 (Source: Linkedin’s economy graph March 2022).
Companies are competing for the same – limited – talent pool and candidates are the ones who choose the company they will work for based on their personal values, career aspirations and style of working.
Employees engage more with companies whom they feel they care about their wellbeing, potential and contributions. By having a fair and transparent career development system in place, which clearly states the criteria for career progression, the skills which are required for such and the career trajectory an employee can have inside the company is very important.
In the latest Linkedin’s Economic Graph in March 2022, employees say that opportunities to learn and grow is the #1 driver of great work culture, but only 52% of employees feel their manager encourages the use of work time to learn new skills.