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HCS by the Numbers: April 2021

By the Numbers: April 2021

FOCUS ON RETENTION
As employers strive to recover from cost management measures taken during 2020, there is rising concern that a greater share of the workforce has the confidence to seek new opportunities elsewhere. Given the uptick in job searches that occur in the second and third calendar quarters, employers have an elevated focus on employee retention. Please share your response to the questions below to help gain insights into this 2021 priority.

1. Which of the following workforce actions were taken by your employer during the past year?
(mark as many as apply)

Layoffs and/or furloughs
Reduced paid work hours
Cut base pay by some percent
Eliminated pay increases
Eliminated or significantly reduced bonuses
Eliminated or suspended employer contributions to retirement plan (e.g. 401k match or profit share)
Reduced paid time off days
Delayed or eliminated replacement hires for open jobs
Eliminated employee benefit options
To my knowledge, no workforce actions were taken by my employer
Other - Write In Please enter an 'other' value for this selection.

2. What is the chance of you personally searching for a new position with another employer in the next 12 months?

3. Considering the chance of you starting a personal search in the next 12 months, what two factors below would be the most influential to increase the chance that you stay with your current employer for the next year? (pick up to two)

Increased level of professional development
Availability of remote work on a full time basis
Open positions on my team get filled
Expanded responsibilities or challenging assignments
More flexible paid time off options
Improved workplace environment
Timely and quality performance feedback
Compensation reflects contribution and impact to the company
Lower benefit costs
Other - Write In Please enter an 'other' value for this selection.

4. What statement best describes your current job role?

Please enter an 'other' value for this selection.

5. What best describes your primary functional area of responsibility?

Please enter an 'other' value for this selection.

6. What best describes your organization's ownership type?