As labor shortages intensify amid The Great Resignation, companies are making several adjustments to current market conditions. In December, job openings totaled 10.925 million, topping the market estimate of 10.3 million, according to the U.S. Bureau of Labor Statistics (BLS). The number of employment quits eased from the record high in November, coming in at 4.338 million to finish 2021. The reasons for workers quitting in massive numbers range from not wanting to return to the office to complaints of being overworked and underpaid. Surveys have found that the situation is not subsiding. A recent Morning Consult poll found that more than half of workers would think about quitting before returning to the workplace. But how are employers adapting to this post-pandemic landscape? From automating parts of the workforce to retaining more employees, businesses are adjusting by any means necessary to ensure they can keep their doors open throughout the …
From Automation to Retention: How Businesses Are Adjusting to Labor Shortages
February 8, 2022
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