As we enter year three of the COVID-19 pandemic, the Great Enlightenment and Great Resignation are forcing employers to transform their talent attraction and retention strategies. Talent is in the driver’s seat, and their expectations for their employers have changed drastically as they adapted to new ways of working. Businesses adopted hybrid and remote work models that have accelerated digital transformation, switched to asynchronous work arrangements featuring more flexible work options, and increased the utilization of contingent talent to address labor shortages at a time when American workers are quitting their jobs in record numbers.
The ongoing labor shortage and widening skills gap continues to pose huge challenges for organizations struggling to attract and retain talent. As a result, companies are prioritizing people-centric workforce strategies that offer more flexibility — from benefit offerings to work arrangements — to attract and retain great talent.
