Addressing high turnover in HR
LinkedIn’s recent data reveals that HR departments are experiencing a higher-than-average staff turnover of 15%, which is 35% more than the industry norm of 11%. This is no shocker considering the talent shortage in HR. The job market here is currently the toughest in decades, worsened by the complications arising from the rise of hybrid work. Additionally, managers are struggling with basic employee relations tasks, as highlighted in this insightful research.
Empowering managers for organisational success
At the heart of any successful people strategy lies the HR department, which grapples with the ongoing challenge of high turnover to ensure stability and triumph. A key solution involves empowering managers to navigate various people-related issues, thereby relieving HR of some responsibilities and enabling them to concentrate more on their core duties and people-centric strategies.
The process of empowering managers encompasses several pivotal elements. Providing managers with the tools, technology, and training necessary to take charge of tasks traditionally handled by HR is crucial. This investment not only enriches their skill set but also positions them to play a substantial role in addressing employee relations challenges and mitigating high turnover.
As the HR landscape continues to evolve in response to market dynamics, C-suite demands, and the ongoing talent competition, the liberation of HR from administrative burdens becomes paramount. Organisations can strategically deploy technology, analytics, and robust support systems, allowing HR professionals to shift their focus to strategic initiatives. This shift not only contributes to job satisfaction but also aids in enhancing retention rates.
Addressing high turnover
To counter the challenge of high turnover rates, it becomes imperative for HR departments to prioritise transformative initiatives aimed at cultivating a positive and supportive workplace atmosphere. Retaining employees over the long term becomes more likely when they sense appreciation and encouragement within the company.
- HR assumes a pivotal role in shaping a positive work environment by fostering open communication, acknowledging employee accomplishments, promptly addressing concerns, and emphasising employee well-being and satisfaction. These efforts contribute to a reduction in turnover, leading to enhanced overall company success.
- A workplace that nurtures support and positivity becomes a magnet for attracting and retaining talent. Individuals seek employment with organisations that resonate with their values and principles. When employees perceive an alignment between their values and those of the organisation, they tend to engage more actively and feel motivated to contribute towards the company’s goals. This synergy creates a harmonious work environment and boosts overall performance.
- The establishment of a favourable organisational culture holds paramount importance. A positive culture significantly influences employee morale, productivity, and overall success, with HR professionals playing a pivotal role in fostering such an environment.
By equipping managers with the necessary resources and safeguards, HR can concentrate on developing agile and forward-thinking functions that increases business success. This strategic approach allows HR to dedicate more time to constructing a culture that retains talent, rendering the HR role more gratifying. Achieving this requires a comprehensive approach that benefits not only managers but the entire organisation. Explore our whitepaper for insights into overcoming the challenges hindering manager empowerment.
Simplify employee relations
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