Three key tips | Businesses must be more dynamic to tackle low retention

Employee turnover is the highest it’s ever been, and employers are still recovering from the Great Reshuffle, which saw workers switch careers and resign from their jobs after rethinking their relationship to work.

But the Office for National Statistics (ONS) has said that unemployment is on the rise and the job market is shifting from being employee-driven to employer-driven, meaning that the skills gap is closing for employers.

Despite this shift, business leaders should continue to devote energy to their attraction and retention efforts, because even though filling positions might be easier than it was a year ago, the attitudes of workers has permanently shifted since the pandemic, and staff are more likely to change jobs if they become dissatisfied or your offering changes.

This has been evident following the move of companies such as Amazon and X – formerly Twitter – to mandate that employees return to the office, despite many workers joining during the pandemic with the impression that flexible work would be an offering they would always have access to.