Companies are ferociously competing for talent like never before. In the year following the onset of the pandemic, 3% of the workforce has resigned in what many have called the Great Resignation. According to Sanjay Rishi, Americas CEO of Work Dynamics at JLL, employees are looking for opportunities with organizations that are ideologically similar.
"Individual purpose is becoming aligned with organizational purpose, or at least individuals are seeking that alignment," Rishi tells GlobeSt.com. "While salary and compensation used to be a big driver, people are now looking at an organizations value and purpose in a very different way."
Employees are looking for responsible workplaces. Diversity and inclusion initiatives, equity programs and sustainability have become as important as compensation and benefits packages for new and prospective employees. "People are very conscious about diversity, and people don't want to be associated with companies that aren't making a difference," says Rishi. "Companies have to be inclusive from all dimensions of diversity, from women to Black professionals to Hispanics."
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