Practical guides
Employee engagement is a core practice, crucial for the success of every business. That's why we, in partnership with the IPA, are producing a series of practical guides exclusive to REC members, to help recruit and retain talent and develop resilience in the face of future high impact events, such as the COVID19 pandemic.
This series of guides will: identify the barriers to effectively engaging employees and how to avoid them; provide practical tools all organisations can use; signpost users to further help and support where appropriate; and provide data and evidence to use.
Analysis of the ONS figures by the Institute for Employment Studies (IES) shows that people are leaving the labour force at a worryingly high rate, with one hundred thousand fewer in the labour market than just three months previously. Older people are leading this exodus, with half a million fewer people aged over 50 in the labour market than two years ago.
Research published by Ipsos in February 2022 found that 47% of British workers say that in the last 3 months they have either thought about quitting their job (26%), looked for another job (29%), applied for another job (13%) or spoken to their employer about resigning (6%).
This increasing competition to attract, recruit and retain staff is taking place against a backdrop of increases to the cost of living, placing huge inflationary pressure on wages, increasing costs for energy and materials.
In this challenging economic environment, organisations unable to increase wages in line with inflation will need to consider other ways to make themselves the employer of choice.
Employees want to work for organisations they can be proud of. Pay is important, but there is also evidence that employees are, increasingly, expecting more than ‘just a job’. Whilst employees expect to be paid fairly, they are also looking for employers that encourage them to grow and develop their skills and careers, provide them with a sense of purpose and autonomy in their work, and live up to a clear and ethical purpose.
This gives employers the opportunity to attract the talent they need by strengthening their employee engagement strategy.
Organisations that engage their staff, through strong leadership and a compelling organisational story, have effective line managers at every level, listen to their employees and create a culture of trust, are more productive and profitable, more innovative, have high levels of safety, lower turnover and higher retention, lower absences, and higher levels of staff wellbeing.
Find out more: why you need a compelling story - and how to tell it.
The IPA is Britain’s leading organisation delivering employee engagement, partnership, and employee voice in the workplace. IPA works with clients of all sizes in the public, private and third sectors to help managers and employees develop new ways of working, based on trust and collaboration, that deliver better workplaces and better outcomes - increased productivity and improved services. You can learn more about the IPA at www.ipa-involve.com
REC members have many benefits including:
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