S03 E04: Collaboration during the great resignation: The secret to retaining employees
In this episode of CultureClub X powered by CultureMonkey, we have with us Michelle Yu, Founder & Principal at Aspire Talent, who discusses with us about how proper collaboration is the secret to retaining employees in this great resignation drive.
About Michelle
Michelle is a Career & Leadership Coach and HR Consultant and a keynote speaker with more than a decade of experience working in various people operations roles within the Tech industry.
In the past, Michelle has spoken at companies like Google and NBC Universal, and has been featured in outlets like CNBC.
Prior to her current stint as the founder and principal of Aspire talent, she was the former Head of HR Operations at SoftBank, and has worked at companies like Google and Groupon.
Her work majorly focuses on helping both individuals and organizations bring further alignment to their values.
She specializes in coaching leaders in bridging the gap for underrepresented populations, in particular women and people of colour.
She received her MBA from Duke, and is also an ICF certified coach.
Here’s a gist of what Michelle speaks about in this video:
While the future of work is not in favor of returning to offices, the post pandemic state of work looks different. Managers and employees struggle with poor communication and collaboration due to limited in person meetups. Moreover, the pandemic crystallized the needs of employees making them conscious of the kind of places they want to work for. Lack of basic needs like physical and mental wellness is making employees quit in high masses leading to The Great Resignation.
How the pandemic brings a unique opportunity for leaders to shape, cement and leverage their company cultures. Companies shifting towards more diverse and equitable ecosystems while giving employees the flexibility they desire will create the greatest impact in such cataclysmic times. To navigate through this transition smoothly, leaders will have to embrace employee needs. Failing to act on them will bring worse outcomes.
How remuneration alone is not an employee retention strategy for companies to use. Getting employees onboard is one segment, but the center of attention should be on building great experiences to retain the great talent throughout the employee lifecycle. Constantly listen to your employee sentiments, give them enough reasons to stay and continually tell them how they add value to the company. Invest in the long-term growth of your people’s promotions, career pathing, learning and development and other incentives.
If the senior leadership plainly communicates the vision, the employees will understand how vital their position is to the company’s success. C- suite executives should walk the talk in order to drive change throughout the organization. Leaders can exhort top-down transformations only if they commit to the change they want to bring.
More importantly, launch campaigns that appeal to people’s hearts and minds. Improve your employees’ connection to their work and your company by taking feedback persistently. Create a room for growth by offering personal and professional development workshops.
Catch all this and more with Michelle Yu in S03E04 of CultureClub X. Do read the transcript of the full episode to gain more insights.
