Overcoming the Great Resignation with Talent Development

Talent development is a critical part of that retention strategy, investing in employees and giving them the knowledge, skills and experience they need to navigate the new business landscape.

This session will explore:

According to the Bureau of Labor Statistics, twenty million ​​U.S. workers left their jobs between April and August this year. That’s 60% higher than attrition reported during the same period last year and the highest rate of resignations since 2000. While these numbers show a massive shift in the labor market, there is a possibility the intent to leave is even higher.

Why are employees leaving their jobs? The rise in resignations can be attributed to various factors, including lack of recognition, lack of development opportunities, and toxic or unproductive workplace cultures. Burnout, in particular, has fueled resignations as employees struggle with unprecedented volatility, uncertainty, and change.

The data reveals some clear trends driving The Great Resignation. Demographics are a factor, but not in the way you might expect. Experienced, tenured employees are leaving at historic levels, and the exodus of women has stalled progress toward diversity, equity, and inclusion goals.

Employers need to be equipped with the right tools to combat The Great Resignation. They need accurate and reliable data to identify, understand and mitigate the risk of attrition. They need a “Great Retention” strategy to overcome the Great Resignation. Talent development is a critical part of that retention strategy, investing in employees and giving them the knowledge, skills, and experience they need to navigate the new business landscape.

Presenters
Overcoming the Great Resignation with Talent Development 1

Andrea Derler

Principal, Research and Customer Value, Visier
Andrea Derler, a previous human capital analyst and organizational researcher, brings a research, science and consulting background to her role. As Visier’s Principal, Research and Customer Value, Andrea collaborates with a wide variety of external and internal stakeholders. Her aim is to produce data based and practical insights and help further the cause of people analytics beyond HR. In the past 10 years, Andrea studied a variety of topics including leadership strategy and development, talent and performance management, DEI, organisational change and transformation, and organisational growth mindset. Her work is widely publicized in the US and Europe, and her contributions have appeared in Harvard Business Review, Forbes, Chief Learning Officer, FastCompany, The Wall Street Journal, CMO, Deloitte Review, FORMAT, the Leadership & Organizational Development Journal, and more.
Overcoming the Great Resignation with Talent Development 2

Kip Kelly

Director, Sounding Board
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Kip Kelly has more than 25 years of marketing and communications experience, with a focus on talent management, executive education, professional coaching, and leadership development. His expertise in diversity, inclusion, and the use of data and analytics in learning and development has earned him a reputation as an industry leader, having published more than 60 research studies and whitepapers, as featured in Chief Learning OfficerTDTraining IndustryHR MagazineFortune, the Chronicle of Higher EducationFinancial Times, and a host of other leading publications.

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