After the COVID-19 pandemic, businesses grapple with increased staff turnover, dubbed “The Great Resignation.” As employees reconsider their career choices, Hogan Assessments emerges as a potential solution to mitigate this trend.
By leveraging Hogan Assessments’ comprehensive tools, companies can gain insights into their employees’ personalities, motivations, and values. This vital information is key to enhancing workplace culture and addressing the challenges of “The Great Resignation.”
Experts like Dr. Ryne Sherman, Chief Science Officer at Hogan, and Dr. Scott Gregory, former CEO of Hogan Assessments, have shed light on this trend, also known as “The Big Quit” or “Great Reshuffle.” Initially identified in the United States in early 2021, the trend shows signs of abating there but continues to affect the UK job market.
Enhancing Workplace Culture Through Understanding
The shift to remote work and public health measures have fundamentally changed the work environment, prompting employees to reevaluate their expectations from their jobs. This shift has led some to seek new opportunities, believing they might find better conditions elsewhere.
Organisations that have effectively managed the transition from remote to office work are often those with a deep understanding of their team dynamics and individual personalities.
Dr. Ryne Sherman points out that toxic workplace cultures drive staff turnover, even more so than salary. Hogan Assessments can play a crucial role in identifying and addressing these issues by providing a deeper understanding of employee personalities and workplace dynamics.
Reducing Staff Turnover with Hogan Assessments
Understanding the stable core of personality traits, as observed by Sherman, is crucial for businesses aiming to reduce resignations. Knowing how traits like extraversion and conscientiousness influence empowerment and decision-making can help tailor a more supportive work environment.
The rise in retirements and job changes, partly driven by the appeal of remote work, highlights the value of personality assessments in navigating these shifts.
As businesses move beyond the pandemic, adopting remote or hybrid work models has changed the workplace landscape, presenting new challenges and opportunities.
The Psychological Impact of “The Great Resignation”
Dr. Sherman also notes the phenomenon of post-resignation regret, suggesting that impulsivity and decision-making biases can lead to dissatisfaction after leaving a job. The high volume of resignations during this period may increase the likelihood of such regret.
The reluctance of employees to return to pre-pandemic work arrangements underscores the challenges businesses face in adapting to new expectations and maintaining team cohesion.
The Role of Psychometric Testing in Employee Retention
Psychometric testing is invaluable for recognising individual differences and crafting solutions that meet diverse needs. These assessments can guide companies through the challenges of retaining talent and addressing toxic workplace dynamics.
By understanding employee motivations and aligning them with appropriate roles, businesses can foster a more fulfilling work environment that combats the trend of “The Great Resignation.”
Hogan Assessments offer tools to anticipate and address employee concerns, enabling businesses to make informed decisions that improve workplace culture and reduce turnover.
Implementing Hogan Assessments for Organisational Success
Through the insights provided by Hogan’s assessments, companies can enhance working relationships and counteract the “The Great Resignation trends.” Awair offers consultations and training to help implement and interpret Hogan Assessments, providing a pathway to improved workplace culture and reduced staff turnover.