36 min listen
Attrition is Killing You with Dr. Jim
ratings:
Length:
37 minutes
Released:
Mar 11, 2024
Format:
Podcast episode
Description
In this episode of the podcast, the boys dive deep into the world of talent strategy and employee satisfaction with Dr. Jim Kanichirayil, VP of growth at EngageRocket, researcher, writer, podcaster, and a seasoned professional in the tech industry. Dr. Jim sheds light on the dissatisfaction brewing among workers within traditional employment structures, pointing towards the rise of freelance work and the gig economy as potential alternatives.
We explore the phenomenon known as the "Great Resignation" and its lasting impact on the workforce, uncovering underlying issues like stagnant wages, layoffs, and limited career growth opportunities. The financial toll of attrition on organizations is also brought to the forefront, highlighting the significant costs associated with replacing employees.
As Chad and Joel question why talent acquisition professionals aren't taking more proactive measures to address retention and productivity concerns, Dr. Jim suggests that short-term fixes often take precedence over long-term talent management strategies. He stresses the crucial role of effective leadership and managerial support in retaining employees.
Throughout the discussion, we delve into key aspects of employee retention and development, including brand integrity, onboarding processes, and the importance of clear communication. Dr. Jim draws parallels between corporate practices and military training, emphasizing the need for continuous learning and development.
We also explore shifting attitudes towards stability and career paths among different generations, advocating for a more flexible and entrepreneurial approach to career management. Ultimately, the conversation underscores the importance of organizational adaptation to meet the evolving expectations and aspirations of employees, fostering long-term engagement and loyalty.
We explore the phenomenon known as the "Great Resignation" and its lasting impact on the workforce, uncovering underlying issues like stagnant wages, layoffs, and limited career growth opportunities. The financial toll of attrition on organizations is also brought to the forefront, highlighting the significant costs associated with replacing employees.
As Chad and Joel question why talent acquisition professionals aren't taking more proactive measures to address retention and productivity concerns, Dr. Jim suggests that short-term fixes often take precedence over long-term talent management strategies. He stresses the crucial role of effective leadership and managerial support in retaining employees.
Throughout the discussion, we delve into key aspects of employee retention and development, including brand integrity, onboarding processes, and the importance of clear communication. Dr. Jim draws parallels between corporate practices and military training, emphasizing the need for continuous learning and development.
We also explore shifting attitudes towards stability and career paths among different generations, advocating for a more flexible and entrepreneurial approach to career management. Ultimately, the conversation underscores the importance of organizational adaptation to meet the evolving expectations and aspirations of employees, fostering long-term engagement and loyalty.
Released:
Mar 11, 2024
Format:
Podcast episode
Titles in the series (100)
With special guest Bill Fanning: Are you embracing or fighting Google? | Why is CareerBuilder snuggling up to Google? | Does anyone care about compliance?: Where’s Cheese? Chad brings recruiting industry veteran and America’s Job Exchange GM Bill Fanning to the mic while Joel takes a much-needed vacation. Chad takes aim at Bill with questions like – What the Hell is going on in this crazy AI/Google... by The Chad & Cheese Podcast