By Satya Sharma (Co-founder & CHRO, TO THE NEW)

Even after the past 18 months, the Great Resignation shows no signs of subsiding. A wide mismatch exists between an organization's work environment and what its employees desire. The IT sector in India has been experiencing strong tremors, reporting significantly high attrition rates.

The Great Resignation is not being fuelled only by high salary expectations. According to a recent report by Michael Page, 61% of Indian employees are willing to work even at low salaries for enhanced well-being and a better work culture that promotes happiness. Your staff is your business; thus, by prioritizing their benefits and fostering a positive company culture, you have the opportunity to lead. This will help an organization get through a tsunami of resignations.

An organization's growth is automatically triggered when a strong culture and transparency are established from the beginning. As an organization, the focus should be on the lowest attrition rates in the IT industry, and the credit goes to our ideology of building a purpose-driven, resilient, and people-centric culture.

Here are some creative ideas that can help you retain your employees:

  1. Prioritize belongingness

    A workplace where leaders prioritize building an environment where teams can effectively cooperate, whether they are working remotely or in the office, and where everyone feels accepted and respected regardless of their background.

  2. Flexibility

    Understanding the value of an excellent work-life balance, organizations actively switch to work from anywhere, giving their employees the desired comfort and ease of working.

  3. Empower through L&D opportunities

    Through consistent investment in organic talent development and forward-thinking workplace policies, many firms are building a long-term track record of their best-in-class talent. This has helped to retain great talent while encouraging their people to upskill and cross-skill.

  4. Promote well-being

    Whether it's work-related anxieties or personal issues, everyone has their fair share of overwhelming moments. Today's employees prefer to work with caring, enjoyable and empowering companies with adequate measures to ensure their well-being.

The ongoing trend of mass resignations is changing the dynamics of the industry at a rapid pace. The organisations emerged victorious from the great resignation wave, all thanks to the people-centric core values it abides by. Efforts should be made to build a robust and spirited work culture which fosters employee creativity and engagement and thereby promises to enhance their experience multi-fold.

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