Businesses Are Struggling To Keep & Recruit Quality Talent

How owners are avoiding the employment crisis during the great resignation.

It doesn't take a genius to realize that there is a serious issue in the global workforce today. If you look on many businesses doors you will find signs stating hours cut, staff shortages, and quality talent being constantly sought after to maintain successful operations.

This is forcing not only owners to work longer hours, but incentivizing employees to test the job market for a career change. Even if it involves leaving an established company for flexibility or a few extra dollars.

"According to Pulse of America, 1 in 4 workers are preparing to look for opportunities with a new employer once the pandemic threat has subsided. More than 40% of people who responded to Microsoft World Work Index, a global survey of over 30,000 people, said they are considering leaving their employer this year." - Forbes

Along with owners having to face the reality of how much money it costs to replace, train, and find a new employee, the big question has been:

• Can I afford to let them walk away to the business down the street?

• Leave for a few more dollars?

• Start their own operations?

For many establishments the answer is an overwhelming no.

As a commercial insurance professional I have had countless conversations with business owners of many different sizes on how they can lock in an employee for the long term using a product that protects the business from turnover AND thanks the worker for a job well done.

These products are not only cost effective, but emotionally communicate to workers how invested businesses are in them as well as their family's future.

Do any of these common employee scenarios stick out to you?

• Worker is critical to a retirement or succession plan

• Employee is a top performer

• They have a unique skill only themselves understand

• Capable of starting their own business

If so, lets explore together how we can help your business avoid this current employment chaos with a simple insurance product.

Logan Kassner