According to a new survey, one in four employees plans to leave their employer after the COVID-19 pandemic is over. For the millennial generation and employees with kids at home in remote learning circumstances, that number is higher.
Burnout is one of the biggest reasons for the expected increase in resignations. Previous research from Eagle Hill Consulting found that 58 percent of employees are burnt out, up from 45 percent during the early days of the COVID-19 pandemic. Some of the reasons cited for burnout include overwhelming workloads, the balance of work and personal lives, as well as a shortage of feedback, communication, and support from their employer.
A December 2020 study from benefits provider Spring Health finds that a staggering 76% of employees are currently experiencing worker burnout—which researchers say includes indicators like exhaustion, detachment from work, and decreased work performance. Human Resources can play a role in supporting employees to minimize burnout. Read some of our suggestions on how to combat burnout here.
COVID-19 has also triggered a mass exodus of women leaving the workplace, and it is likely to continue. According to the National Women’s Law Center, 865,000 women dropped out of the workforce in September 2020 when their kids went back to school or began online learning from home. Many women have struggled to balance both being primary caregivers of their households and working during the pandemic. Ideas on retaining women in your workplace can be found in one of our recent blog posts here.
To help reduce expected turnover, Eagle Hill Consulting states employers need to focus on creating a supportive work environment by encouraging feedback, conducting employee surveys, and providing career counseling and mentorship opportunities. Upskilling and reskilling workers, supporting flexibility, remote work options, and mental health offerings are also helpful strategies.
We are in this together during these unknown, challenging times. This is an important opportunity for Human Resources to provide strategic support to the organization by keeping employees mentally healthy with their work. Contact Employers Council with questions.