Do you think your people generally consider themselves to be loyal employees to your organization, or free agents? The answer might surprise you: While employers may hope for an unwavering commitment from their workforce, Deloitte research reveals that this isn’t always the case. In fact, nearly 40% of full-time employees surveyed in April 2021 consider themselves free agents, able and willing to move on to a new opportunity at any time.
While employees in decades past might have valued stability and consistency, modern workers are putting a premium on autonomy, purpose, and motivation. As the record-breaking number of job vacancies illustrates, employees aren’t afraid to think on their feet and jump ship in search of better opportunities.
With the power in your employees’ hands, what does it really take to retain your workforce? “In a free agent world, we have a requirement as business and HR leaders to put in place platforms and programs that help people choose our company every day,” Jeff advises. “Employees need to see that the world of opportunity that they’re being barraged with from external sources is equally met internally.”
Jeff points to talent marketplaces as a new frontier for giving your employees the sense of career ownership and decision-making power that many are looking for.