Labor JOLTS. April's Job Openings and Labor Turnover Survey (JOLTS) had some staggering numbers. Job opening and quit rates hit all-time highs while layoffs hit an all-time low. There are now 0.95 open jobs per unemployed person. (Reuters)
Virtual turnover. Lack of support and poor integration is driving many remote workers to quit. In a recent study, 62% left because of poor job matches, and 58% said they were unhappy with training and performance challenges. (Korn Ferry)
HR job spike. As of mid-June, Indeed job postings were up 30.5% from Feb 2020. HR postings? 52.5%! Organizations are beefing up their HR teams to help navigate the twin challenges of hybrid work and the "Great Resignation." (Axios)
Chevron PRIDE. Unsure where to start with inclusive policies for transgender employees? Take a page from Chevron. Literally. Their guidebook Transgender @ Chevron has been a model resource since they first published it in 2005. (LinkedIn)
The gift of choice. When General Mills saw burnout spreading across its workforce early in the pandemic, they turned to neuroscience for a solution. The answer? Giving workers a choice in their rewards. Engagement rates skyrocketed. (HRE)