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Talent marketplaces and the challenges of 2022: Time for real innovation in workforce strategies

The linear progression of climbing up the career ladder – one predictable step at a time – is outmoded.

By Jeff Schwartz | October 11, 2021 at 12:36 PM
Classified ads When employees can’t find opportunities inside their organization that take advantage of their skills, interests and aspirations, they start looking elsewhere. (Photo: Shutterstock)

COVID-19 served as a wake-up call for businesses. As the worst of the pandemic subsided, and there was hope of life returning to some normalcy, a new crisis emerged: attrition and labor shortages – what is being called the Turnover Tsunami. Followed by the Great Resignation.

The causes for these phenomena go beyond the remote versus in-office workforce discussion. Employees want more flexibility, money and happiness. And more control over their careers. Perhaps a better way to understand what’s happening was captured by Heather Long of The Washington Post when she coined the phrase the “Great Reassessment” last spring. Workers are reassessing and evaluating what they want in a job and career, who they want to work for, where they want to work, the opportunity to grow, and the purpose and the values of the organizations they are working for.

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