Tackling The Great Resignation: Approaches adopted by Small & Medium Businesses in the US
This is a US-based report analyzing how SMBs are combatting The Great Resignation. The primary data is acquired predominantly from HR Professionals and comprises around 460 responses from industry experts spanning various industries. We have divided the analysis into Small (<200 employees) and Medium (200-1,000 employees) sized companies.
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You will get to learn
- Key Trends Observed during The Great Resignation.
- Top 5 Areas of Focus to Attract Talent, Drive Performance, and to Retain Talent.
- In-depth analysis of the above factors for SMBs in the manufacturing and service industries.
- Best HR Practices to promote Employee Engagement and reduce Employee Turnover.
Following Covid-19, there have been substantial shifts in talent trends in the US, referred to as the Great Resignation. Hence, Vantage Circle conducted a special survey of SMBs in the US to understand how they are adapting their HR strategies in response to the Great Resignation. We received around 460 responses from HR professionals working in SMBs across various industries and sectors.
This report analyses the responses from the survey and aims to present insights on how SMBs are combatting this issue. We have divided the analysis into Small (<200 employees) and Medium (200-1,000 employees) sized companies.
- Overview
- Introduction
- – Key Reasons for Employee Turnover prior to The Great Resignation
- – Significant Trends observed during “The Great Resignation”
- Focus Areas to Attract Talent
- – Top 5 areas of focus to attract talent – Small vs. Medium-sized Businesses
- – Top 5 areas of focus to attract talent – Manufacturing vs. Services
- Focus Areas to Drive Performance
- – Top 5 areas of focus to drive performance – Small vs. Medium-sized Businesses
- – Top 5 areas of focus to drive performance – Manufacturing vs. Services
- Focus Areas to Retain Talent
- – Top 5 areas of focus to retain talent – Small vs. Medium-sized Businesses
- – Top 5 focus areas for talent retention – Manufacturing vs. Services
- Conclusion
