LEADERSHIP
R E C R U I T A N D R E TA I N
Beat the ‘Great Resignation’ 2.0 - tips for recruitment and retention in 2023 The ‘Great Resignation’ shook up the job market in 2021, and it’s not over yet. As we prepare to face the the ‘Great Resignation’ 2.0, we look at what dealers can do to attract and retain the best talent for their businesses
I
n what has become
In the UK, between July and September
by the Office for National Statistics (ONS)
known as the ‘Great
2021, more than 400,000 workers left their
suggests not. It predicts that up to one fifth
Resignation,’ workers
jobs; by December that year vacancies were at
of the UK workforce will look for another
around the world quit
a record high, with some 1.3 million jobs on
job this year. This is echoed by research by
their jobs in droves
the market. While some of these resignations
Unum UK which found that 19% of workers
during and after the pandemic. Driven by a
can be explained as being the result of older
plan to look for a new position in 2023.
realisation that there must be a better way,
people taking early retirement, the number of
and inspired by the freedom felt during
economically inactive people aged 16-to-64
a new impetus to find a better work-life
lockdowns, people began seeking more from
was also at an all-time high.
balance, is heralding a ‘Great Resignation’
their lives – and their employers - than just a monthly salary.
[14] MARCH 2023
That was two years ago; are we out of the dark days of a mass employee exodus? Research
www.dealersupport.co.uk
The rising cost of living, coupled with
2.0 which is predicted to hit hardest in the fourth quarter of this year.