Employee retention is undoubtedly one of the biggest concerns on employers’ minds at this point in history because there has been a decrease in employee engagement and an increase in attrition. A 2022 report from Gallup shows that employee engagement is still steadily declining. According to the report, only 32% of employees are actively engaged at work. That leaves a staggering percentage of other employees who are not engaged. McKinsey & Company found that 40% (or two in five) of employees are considering leaving their jobs in the next three to six months. Despite global changes in the economy, in our concepts of work, and in how we approach employee engagement, this number has not changed between 2021 and 2022, the report said.

In the last year, employers and companies have tried to address the employee retention problem by taking more employee feedback, adjusting company culture norms, and tacking on new benefits to entice employees to stay. These initiatives may help some, but in general, they are not practical enough to really address the fundamental issues employees are facing—and, therefore, are missing the mark when it comes to keeping employees around. Those three key reasons employees are leaving—switching industries, workplace flexibility, and needing better work-life balance—must be addressed in practical ways. Employees need to see their companies taking active steps to adjust the employee experience based on their needs.

Workplace flexibility is a huge topic of conversation among employees and leaders alike. In order to support the flexibility that employees require in the modern workplace without losing out on things like productivity and efficiency, companies must provide employees with digital tools that they can use no matter where they are located. And finally, to support employees who require better work-life balance, companies can use training technology to implement processes for communication, managing hours, and even working on more flexible schedules so that employees who desire to spend more time with family have greater flexibility during the workday, or can work nonstandard hours without hindrance.

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