What action have employers taken to increase the retention of current workers?

January 11, 2023

Christopher R. Teeple

Preface:
Individuals have left the workforce for numerous reasons in the past two years through layoffs, health issues, childcare needs, and personal issues that arose from disruptions caused by the global pandemic. This perfect storm has created what many call the Great Resignation. The term was introduced around 2021 due to the mass exodus from the workforce, as predicted well into 2023. On the other hand, CNN Business has found that among those who have left and are not able to or do not want to work any longer are retirees. Many employers are now seeing the power shift from employer to employee, even though they have the authority to hire, schedule, and terminate workers. Ultimately, employees can leave a company whenever they wish and without reason.

Guidelines:
Now that we have seen the current staffing challenges that businesses have faced over the past two years, we will look at the hiring trends that have shaped the current workforce and those that we will most likely continue for the rest of this year. For this assignment, you will conduct research from reputable online sources to analyze current employment trends and those that will most likely continue. While conducting research, focus on the main details below.

Analysis:
• What action have employers taken to increase the retention of current workers?
• Why is it essential to identify the benefits that matter most to new hires?
• How has the global pandemic changed the economic outlook into the new year?
• Which industries are most likely to attract new workers compared to others?
• Where is the best place for employers to advertise new openings?

1 page in length with sufficient background information on the product or service.
• Follow proper APA format, including title and reference pages.
• Use 3rd person with proper grammar, punctuation, and spelling.

Please use references from reputable online sources (.gov, .edu, .org). Google Scholar and the book which is called MGMT5336 Managing Human Capital (2021) McGraw Hill

I need it to be one page in length and also a title page and reference page in APA format 7th ed.

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