The Great Resignation might be slowing down, but it’s far from over. About 23% of U.S. workers expect to change jobs this year. And if you think you’re fully staffed with new hires and don’t have to worry — think again.
New research shows the next wave of resignations will be prompted by “shift shock.” Many who jumped jobs say the reality of their new jobs doesn’t match the description or promises during the interview. And 1 in 5 say they’ll quit immediately if that’s the case.
That means both recruitment and retention will continue to be issues that financial institutions cannot afford to ignore in 2022.
Our team at Wipfli can help. Our consultants are skilled in the unique needs of financial institutions and can help you with:
- Recruitment and selection
- Career blueprint assessments for high potential employees
- Compensation reviews and market analysis
- Organizational structure reviews for alignment and efficiency
- Employee engagement
- Succession planning
Where others see problems, we see possibilities.