Creating a Win Out of the Great Resignation
The Child Care Success Summit in Las Vegas just wrapped up, and there was so much love, support, and fun! On this week’s solo episode, Kris shares three takeaways from the Summit, from leaders and keynote speakers Marshall Goldsmith, Stedman Graham, and Andre Norman. Kris also discusses The Great Resignation, along with just how many people in almost every industry are leaving to find different work, and what we can learn from it when it comes to new ways of staffing to bring in and keep the right staff. Kris talks about things you can do to inspire your staff, how to really listen when they give you feedback on how to be better, and why you should dare to be dangerous.
Key Takeaways:
[2:51] The Great Resignation is a term reflective of the record number of people quitting their jobs and looking for something different. The pandemic resulted in many employees looking at what they really value, and shifting their work to find something more meaningful, possibly with more benefits, better wages, or more freedom.
[3:03] Over four million people quit their jobs, or roughly three percent of the workforce. So, three out of every 100 people quit in August in just one month. The hardest-hit industries include hospitality and retail, where employees cite long hours and a lack of flexibility as top reasons for leaving.
[5:10] We also have data that shows that 892,000 workers and restaurants, bars, and hotels quit in August. Retail was greatly affected as well, with over 700,000 employees leaving.
[6:11] Employees are less willing to work long hours for lower wages.
[6:43] Early child care is unique in the way that we have meaningfulness and the ability to impact little humans built into what we do.
[12:06] Your homework: what does the Great Resignation mean to you? How can you benefit from it, and how can you protect the people that are currently working for you that you want to keep? What may be an upcoming challenge for you in terms of the Great Resignation?
[12:40] Key Takeaway Number 1 — Marshall Goldsmith: Ask how you can be better. Then let people know you’ve heard them, and that you are going to take actionable baby steps to try and get better.
[16:34] Key Takeaway Number 2 — Stedman Graham: Dare to become dangerous. How dangerous are you? When you are dangerous, you are bold. You look fear in the face and laugh at it.
[20:01] Special congrats to Jamarrion Tabor, the winner of the 2021 Child Care Rockstar Awards!
[22:02] Key Takeaway Number 3 — Andre Norman. Love yourself, and translate that intense love to others.
Quotes:
- “What’s happened as a result of the pandemic is human beings are looking at their lives intensively and wanting to shift their life into a different opportunity, a different vibe, a different energy.” — Kris
- “We have the ability to impact little lives and little humans. We have meaningfulness and making a difference built into what we do.” — Kris
- “Dare to become dangerous.” — Stedman
Sponsored By:
PB&J TV — Don’t forget to mention Kris Murray for a special offer!
Mentioned in This Episode:
The Child Care Success Company