The ‘Great Resignation’: Why Staffing Solutions are the Future of Business
The so-called great resignation’ is in full swing, with millions of people worldwide quitting their jobs. The pandemic has caused widespread panic and social upheaval, resulting in mass resignations.
But what are companies to do when they need staff but don’t want to risk hiring someone who might leave soon? Outsourced staffing solutions may be the answer.
Partnering with an experienced staffing agency can give companies the security and quality they need through outsourced staff. Current trends show that forward-think companies are outsourcing key business processes and finding ways to adapt to the new normal.
Staffing solutions are the future of business, and the rising resignation rate will only make that more apparent.
This article explores why this statement is true and how companies can benefit from partnering with a staffing agency. If you would like to learn more about the optimal staffing solutions for your business, contact MASA today to consult with trusted experts in the employment industry.
What is ‘the great resignation’ and how does it impact your business?
The term ‘the great resignation’ may seem exaggerated. However, Microsoft surveyed more than 31,000 workers worldwide and found that 41 percent of people are thinking of quitting their jobs. That is nearly half the global workforce.
With such a devastating epidemic, people’s priorities have changed, which has resulted in a record number of people quitting their jobs.
South Africa has a record-high unemployment rate of 34.9 percent in the third quarter of 2021, but specific sectors still lack the necessary skills to recover fully. These gaps in the job market suggest that well-trained South Africans can and will be more selective about the work they pursue following the pandemic.
Many workers feel overwhelmed and are resigning due to several reasons:
- Burnout and stress
- Seeking a sense of freedom from masks and other Covid regulations
- Difficulty balancing the increase in work and home responsibilities
- Toxic workplace cultures
According to the latest research by reward-management system Remchannel, this worldwide “great resignation” movement that has emerged in other regions of the globe, where workers voluntarily leave their jobs, is also happening in South Africa.
Here are a few ways that the rising resignation rates can affect your business:
- You will lose staff with essential skills and talents that are hard to replace
- Widespread resignations can affect your company’s productivity and customer service
- Employee morale can also decline since everyone else has to work harder on fewer employees
- If you have a high resignation rate, it may signify dissatisfaction within your business. It could also be a sign that your company is not doing well.
Ultimately, the goal is to keep your best employees and find a way to fill the gaps left by those who have resigned. If you can do this effectively and efficiently, you will be well on your way to success.
What can you do to prevent or mitigate the effects of the great resignation?
One of the most empowering solutions is partnering with an experienced staffing agency that can provide outsourced staff when you need them the most.
Outsourcing specific processes, such as staffing, can help you reduce the risk of high resignation rates and maintain business continuity during a global crisis like Covid-19.
That’s why staffing solutions are the future of business, and outsourcing is becoming more popular among companies.
Partnering with a staffing agency can help reduce the financial strain on your business, particularly in times of crisis and economic downturn. You won’t need to worry about hiring staff or additional training costs when working with an experienced staffing solutions partner like MASA.
Staffing agencies have the resources and expertise to help you find quality staff quickly and easily. They can also provide you with the support and guidance you need to maintain a productive and efficient workforce during times of social and economic turbulence.
For example, MASA’s clients are leading organisations constantly looking to outsource staffing solutions. They know that we share their values and have the experience, skills and resources needed to provide them with top talent every time.
An effective solution
When vacancies arise, the MASA team goes to work and contacts our database of qualified candidates at lightning speed. We know that your time is valuable, so we always aim to fill vacancies as quickly as possible without compromising quality.
MASA’s staffing solutions are also in line with Covid-19 safety protocols, which allows us to provide you with staff who are fully compliant with all health and safety measures.
An experienced staffing agency also makes it easier for you to scale up and down, which means you only pay for the staff services you need. This flexibility makes outsourced staffing solutions the more cost-effective option for most businesses.
If your business begins to experience a high resignation rate, staffing solutions can help keep your company productive during this challenging social and economic crisis.
The Great Recovery?
The COVID-19 pandemic may have brought serious challenges for businesses in South Africa and across the globe. Still, the companies focused on recovery can bounce back with renewed energy through the right staffing solution.
The bottom line is that outsourcing your staffing solutions can help you to reduce the risk of high resignation rates, maintain business continuity during a global crisis, and save money in the long run.
Consider outsourced staffing solutions. The future of your business may depend on it.
If you’re looking for a reliable partner who can provide you with quality staff when you need them the most, MASA is here to help. Contact us today to find out about our staffing solutions and how we can help you secure the future of your business.
Check out our article on 3 Powerful Benefits of an Expert Staffing Solution to learn more!
