A few days ago, I was talking with a regular reader of The Majority Opinion about the ongoing Great Resignation. (For those unfamiliar with the term, this is in reference to the wave of employees leaving their current positions, due in part to the ongoing trudge of the coronavirus pandemic and the headaches that has added to the job.) I came across an article from Forbes that I wanted to lead things of this week, as the article has a few ideas on what employers can do to navigate the Great Resignation and come through it all rather unscathed and with a full (or relatively full) workforce.
As always, below are a couple articles that caught my eye this week.
Lessons Employers Can Learn From the Great Resignation
Tell me if you have heard this recently: It is an employee friendly job market…a very, very employee friendly job market. This article from Forbes takes note of the ongoing Great Resignation and what employers can do to ride out the storm. For starters, there is no “fix” to the Great Resignation that applies to all employees and employers alike. With that being said, this article suggests employers do several things, starting with listening and learning by taking stock of employee moral, looking at what can be done to make the job more efficient, and holding “stay” interviews (rather than exit interviews.) Going one step further, the article suggests employers look for way to avoid employee burnout while remaining flexible. Some workers might be struggling with going back to the office full time (or finding it difficult to manage multiple tasks if other employees are out sick, have quit, etc.) Working with employees to see what they need to succeed, whether it is more flexibility, an extra hand on a task, an additional day off, etc., can all be used to mitigate employee burnout.
$15/Hour Wage Rates Coming to Sam’s Club By End of the Month
As announced earlier this week, Sam’s Club will raise its hourly pay rate from $11/hour to $15/hour by September 25th. Notably, this hourly pay rate will be higher than what its parent company, WalMart currently pays ($12/hour.) With the struggle to find workers an ongoing dilemma for many employers (including big box retailers) like Target, WalMart, etc., this announcement from Sam’s Club is likely to trigger other employers to follow suit with higher wage rates as well.
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