Growth Through Shrinkage: 5 Ways to Use Essential Skills to Grow with Smaller Teams The world is short 85 million employees . And as HR departments everywhere scramble to fill the vacancies left by major layoffs, they’re now dealing with a new workforce trend: losing bosses.
So it’s a good idea to try to grow through shrinkage. Managers are so email list of australia burned out that they’re twice as likely as their workers to look for new jobs, according to Humu’s State of the Manager 2022 report .
And according to a Deloitte survey , 70% of executives are considering leaving their current role for one that better supports their well-being. This large-scale talent exodus suggests that most companies have a lot of work ahead of them in creating a culture that helps employees at all levels feel better supported.
It’s critical work to do, but it will take time. So, what do you do with the talent you need now? “We’re going to have to get better at leveraging the labor we have,” Ron Hetrick told SHRM about the hiring crisis .