EHS Solutions Can Play A Key Role In Stemming The Impact Of The Great Resignation
29, April 2022
EHS Solutions Can Play A Key Role In Stemming The Impact Of The Great ResignationIn its January 2022 report, the US Bureau Of Labour Statistics (BLS) reported that 4.5 million people voluntarily left their positions in November 2021, an ‘all-time high’ according to the data collection agency. The drivers behind the ‘great resignation’ are diverse and complex, but generally reflect the increased expectations for employers to provide a favourable working environment. Alarmingly for firms, resignation rates amongst mid-level employees aged 30-45 have witnessed the greatest growth, creating an experience vacuum in the infrastructure of many firms. Consequently, talent retention is increasingly a top of the agenda item within executive strategy meetings.
For firms struggling with employee retention, the EHS function can provide a differentiator between competitors. Corporates can turn to an diverse palette of digital EHS solutions to drive improvements to their workplace. The contribution to a safer work environment is a key benefit of EHS investments, a combination of health and safety software tools and a wide range of IoT devices for the identification and elimination of high-risk hazards. In addition to proactively reducing exposure to serious injury and fatality incidents, deploying numerous digital EHS tools for occupational health and ergonomics can greatly reduce the impact of common workplace injuries. Take, for example, VelocityEHS’s Humantech digital ergonomics solution, that leverages technology such as video analytics to reduce the risks of musculoskeletal disease see Verdantix Tech Roadmap. These investments are shown to have positive effects on employee safety engagement and company opinion.
Throughout the pandemic, a spotlight has been firmly fixed on the mental health and wellbeing of employees. Firms are realising the positive impacts of having comprehensive employee wellbeing programmes on employee performance and satisfaction. This swing in mindset has coincided with a boom in digital mental health and wellbeing solutions, with prominent vendors including Headspace and Happify Health providing personal solutions. Increasingly, solutions focused on the corporate market are becoming available to employers, such as those provided by UnMind and Highmark Interactive, see Verdantix Smart Innovators Digital Mental Health And Wellbeing Solutions. As expectations for conscientious employers, firms can leverage these solutions to address.
In addition to stemming resignation rates, EHS software tools can also reduce the impact of losing experienced team members. Learning management solutions (LMS’s) for EHS can streamline the onboarding process for new hires, greatly reducing the reliance on experienced workers to pass on knowledge see Verdantix Best Practices: Adopting digital Technology For EHS Training. In addition to training employees to meet EHS compliance, prominent vendors such as the Health And Safety Institute (HSI) offer differentiated content to encourage employee learning and progression, ranging from wellbeing courses to leadership and teamworking skills. These easily accessible courses give employees opportunities to fast-track career development within their existing profession, greatly increasing the likelihood of retention.