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Attraction and Retention in a Post COVID-19 Era
In the past few years, the dynamics of employee attraction and retention have undergone significant changes. As the world adapts to a new normal, employers must recognize the evolving needs of their workforce and develop effective strategies to attract and retain top talent.
IBI conducted a systematic review of the literature regarding employee attraction and retention in the post-COVID-19 era, focusing on how organizations are adapting and prioritizing employee well-being and satisfaction.
Employers have reported they’re continuing to struggle with attraction and retention. According to recent research, 61% of employers are having difficulty retaining employees, and 73% are having difficulty attracting employees. The cost to employers for turnover is on average equivalent to 1-2 times the employee’s salary.