Four strategies for companies to retain talented employees – The National

Four strategies for companies to retain talented employees – The National

Covid-19 spearheaded the “Great Resignation” — a term coined in May 2021 that describes the record number of people who have been leaving their jobs since the start of the pandemic.

But why are so many employees resigning? Simply put, it is not enough for employers to just increase salaries any more.

A PWC report in March found that 20 per cent of 52,000 employees surveyed globally plan to quit their jobs this year, citing “unfulfilment” as a key factor, while 69 per cent picked “fulfilment” as an “extremely” or “very” important factor when they were considering changing jobs.