If you're a manager in corporate America, you surely have seen the striking statistics. In August alone, 4.3 million people quit their jobs – pretty much the highest rate on record:
And there are record job openings. In July, the number was a whopping 10.9 million.
And we may not be close to the end of these increasingly hard times from employers. Microsoft recently reported that over forty percent (40%) of the global workforce is considering leaving their employer this year.
The main reason for the great resignation is unsatisfactory working conditions. Employees want more. They want flexibility in terms of work / life balance, they feel overworked (and underpaid), and they are just plain burnt out.
Employers who want to attract and retain talented employees need to start making some changes. One of the areas of focus needs to be RPA (Robotic Process Automation). A digital workforce can be part of the solution. See some of the benefits of enterprise RPA on graphic below:
Here are 4 ways automation can help see your company through the Great Resignation:
- Digital workers can help backfill the employees who have left your team, taking care of the repetitive, mundane, time consuming tasks that were previously handled by humans. Bots can work 24/7 without interruption, meaning going forward you will need less bots than humans to get the same amount of work done.
- Digital and human workers can more than just peacefully co-exist. They are complementary. Bots have been shown to increase employee morale (and that's what's needed at this crucial time of labor shortages) by letting them focus on more interesting and engaging tasks. Let your human workers focus on the cognitive work they do best. No one loves repetitive and mundane activities.
- Digital workers will increase productivity. It's true that humans can be very productive and work very hard, but as we've seen above, this comes with a cost (burnout - and maybe risk of quitting). Process completion cycle times are much quicker when a bot is doing the work. Bots easily handle large volumes of work and are great at ramping up and working harder when there are large business spikes.
- Digital workers don't quit. Once you train a bot how to complete a process, it will do so accurately, reliably, and consistently - until you want it to stop. No risk of talent flight with your bots.
RPA isn't going to make the Great Resignation problem go away, but it will certainly help ease the pain from an employer perspective. If you haven't already, it's time to get going with your automation program. Contact us today to watch demos of robots in action and let us demonstrate how easy it is to make digital workers a part of your team.