A study from BambooHR found that a quarter (25%!!) of executives hoped RTO would make people quit.
https://www.bamboohr.com/resources/guides/return-to-office
I think it’s important for leaders to remember that your most mobile people are your best people.
Using tools like RTO to downsize your workforce is a precursor to general decline and brain drain. It will start a cycle that not only limits your organizations effectiveness but makes it more difficult to attract talented people in the future.
As a leader we should be looking at all the ways we avoid this cycle.
Why it Matters: A positive workplace culture enhances employee satisfaction, retention, and productivity making forced attrition less necessary. When people are challenged, safe, and cared for they will do more.
How to Implement:
Why it Matters: Most often, the people we are working to move on in a lay-off situation are the people we should never have hired in the first place and have become a financial and productivity drag on the organization.
How to Implement:
Why it Matters: Overworking employees can lead to burnout and increased turnover. Ensuring a manageable workload helps maintain productivity and morale. On average, each person you replace costs you one third of their salary.
How to Implement:
Why it Matters: A single toxic influence on a team can bring the whole team down. Removing a toxic person from the team shows your willingness to protect culture and support your people which raises engagement, motivation, and productivity.
How to Implement:
How we hire, manage, and part ways with our people says a lot about us as leaders and people. If you find yourself as one of the 25% using RTO to drive people away, I promise, there are better solutions to consider. By fostering a positive workplace culture, managing workloads, enhancing engagement, building strong relationships, and maintaining fair compensation, leaders can avoid the need for forced attrition and ensure a more stable and motivated workforce. This not only preserves the trust and morale of remaining employees but also upholds the company’s reputation and values in the long term.