MRA Edge July/August 2021

MRA Edge
Engagement & Retention
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Over the past year-and-a-half, it seems as if we have gone from keeping employees safe to simply keeping employees. With improved vaccination statistics, companies want to move forward but are faced with painful recruiting challenges. We are back to pre-COVID days, at least when it comes to this.

Numerous studies are showing that companies can expect to lose up to 25 percent of their employees during this transition time. Talent is increasingly difficult to find for two primary reasons—everyone has positions to fill and baby boomers are leaving the workplace faster than they can be replaced. It is definitely an employee’s job market, and recruiting has become sort of a bidding war. Although more money and remote work arrangements are the most popular bargaining chips, culture is still what can make or break the deal. As the saying goes, “If you build it, they will come.”

This issue of MRA Edge focuses on employee engagement and experience—the driving forces behind what makes someone want to work for one company over another. An article published by Forbes calls out four key elements to engagement: Enablement, energy, empowerment, and encouragement. These employer soft skills are the key to what drives engagement, helps enhance the employee experience, and provides staying power.

MRA Edge July/August 2021 Cover