New data from Lattice show that 70% of HR teams are planning for blended workforces well into 2022

Findings from Latttice's global State of People Strategy also found HR teams under enormous strain trying to retain and recruit quality employees while over half of their employees look for another job.

News provided by

Lattice

Oct 28, 2021, 09:01 ET

SAN FRANCISCO, Oct. 28, 2021 /PRNewswire/ -- Lattice, the leading people management platform for businesses with people-first cultures, today released its annual State of People Strategy report. This data, sourced from over 725 HR leaders from companies around the world, reveals the immense impact HR and People teams have had to shoulder, as well as their outsized influence on the workplace since the start of the pandemic and looking forward.

2021 brought steps towards 'the new normal' even with the Delta virus causing havoc in many states. Formerly furloughed employees are returning to the workforce and companies are engaging in historic hiring sprees. Workers, once desperate to keep their jobs, are weighing competing job offers as well as re-examining their careers entirely. It all adds up to what exhausted HR teams call, whiplash.

Data from the survey can provide company leaders and HR professionals with insight on how to best retain their team while being on the lookout for talented and motivated workers.

Key findings from Lattice's 2021 State of People Strategy Report include:

Re-defining the Workplace:

Over 70% of HR teams are setting policies that plan for most or all of their employees to continue to be remote at least part-time for the next year.
HR teams are feeling the ongoing effects of the Great Resignation. Exit interviews show that 55% of employees are leaving for higher pay and 37% of employees are leaving for career advancements.

DEIB Initiatives Losing Steam:

While diversity, equity, inclusion, and belonging (DEIB) were a huge focus last year, those programs fell from a top 3 priority to #6 this year as priorities shift to hiring. In its place are employee engagement, talent acquisition, and manager enablement training.
One of the main DEIB focus for the year was in "diverse hiring" efforts, in part thanks to the 'Great Resignation.'

Ongoing Engagement:

High-performing HR teams (teams who say they meet or exceed their goals) are five times more likely to conduct quarterly performance reviews versus semi-annual or even annual reviews which leads to higher employee satisfaction and retention.
43% of respondents list employee engagement as a key top priority over the next twelve months.

To download the full report, visit: https://lattice.com/state-of-people-strategy-report-2021

About Lattice
Lattice is the people management platform that enables leaders to develop engaged, high-performing teams. By combining continuous performance management, employee engagement, development, and growth in one solution, HR and People teams get powerful, real-time analytics that lead to actionable insights turning managers into leaders, employees into high-performers, and companies into the best places to work. San Francisco-based Lattice serves over 3,250 customers including Slack, Cruise, and Reddit, and was ranked on the Inc. 500 Fastest Growing Private Companies list two years in a row. Learn more about Lattice by visiting: www.lattice.com.

SOURCE Lattice