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Employees Need More Learning and Growth | Microsoft Tells Companies to “Re-Recruit” Employees

Tech.co | Aaron Drapkin  | Sep 26, 2022

Microsoft on re recruiting employees and survey - Employees Need More Learning and Growth | Microsoft Tells Companies to “Re-Recruit” EmployeesA recent survey has found that employees need more learning and growth opportunities to stop them from hopping between jobs.

  • Survey: In order to find out what that entails, Microsoft has surveyed 20,000 people in 11 countries, “and analyzed trillions of Microsoft 365 productivity signals, along with LinkedIn labor trends and Glint People Science findings.”
  • 'Re-recruit': Microsoft has advised companies to “re-recruit, re-onboard, and re-energize employees” based on the results of a recent survey that has delved into the world of hybrid work and what employees need from their companies.

See:  Offer Your Employees Better Working Conditions By Following These Tips

  • Everyone wants more development opportunities for learning and growth
    • 76% of employees say they’d stay at their company longer if they could benefit more from learning and development support.
    • 56% of employees and 68% of “business decision makers” report that they need more opportunities for growth or else they’ll pack up and switch jobs, whilst 55% see a switch of employment as the best route to generating a better skillset.
    • Over two-thirds of staff surveyed (68%) say they would stay at their company or organization for a longer period of time if changing jobs internally was made easier, with this number higher among millennials (73%) than Gen Z (65%).
    • Interestingly, 68% of employees and 77% of higher-up decision makers would prefer a “lateral” move with more opportunities for skills development with a less development-heavy yet more senior position.
  • More productive (so avoid productivity paranoia):  The average Teams user, for instance, has seen their time spent in meetings increase 153% in the past year, and in an average week, 42% of participants multitask during meetings. Overall, 87% of employees report they’re productive at work, regardless of their hybrid or flexible working arrangement.

See: 

Adjusting to the new Labour Market

The Silent Mental Health Crisis: Leadership Burnout

  • Employees miss face-to-face time: 84% of employees would be motivated by the promise of socializing with co-workers, while 85% would be motivated by rebuilding team bonds. The existence of this mutual desire for interaction could be the most useful takeaway of all.

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NCFA Jan 2018 resize - Employees Need More Learning and Growth | Microsoft Tells Companies to “Re-Recruit” EmployeesThe National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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