The Employee Retention Guide 2022 - How to attract and retain your best talent - Mentemia

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The Employee Retention Guide 2022 - How to attract and retain your best talent - Mentemia
The
Employee
Retention
Guide 2022
How to attract and retain
your best talent.
The Employee Retention Guide 2022 - How to attract and retain your best talent - Mentemia
“People are speaking up more than ever before
about the importance of mental wellbeing in
the workplace.

There is a generation who want balance in
their life and wellbeing to be a priority for their
employers, or quite literally, they’ll be out the
door to somewhere that does.”

Dr. Fiona Crichton,
VP and Clinical Lead at Groov

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The Employee Retention Guide 2022 - How to attract and retain your best talent - Mentemia
A competitive labour
market and rising levels
of burnout.

The perfect storm?
                                                                             Contents
It’s getting trickier for employers to attract and retain the best talent,
thanks to an increasingly competitive labour market coupled with             Groov’s research (4-6)
rising levels of burn out.
                                                                             Moving in the right direction (7)
Finding it hard to retain talent right now? Research from Groov shows
that one in three workers in New Zealand and Australia consider
                                                                             What you can do now (8)
quitting their job weekly, while 36% consider quitting most days.            About Groov (9)
On top of that, one in five workers don’t feel their employer supports       Embedding programme (10)
their wellbeing and only 6% feel supported at work.                          How to get started (11)
Globally, we are in our third year of the Covid-19 pandemic,
with issues of climate change, conflict, and potential economic
uncertaintyuncertainity in the near future. It’s not surprising that
people are feeling it, because we all are.

People want to be part of workplaces that care, where they see
wellbeing modelled, feel valued, and can be themselves.

 If you want to keep your people and attract the best talent, you need
to create a culture of wellbeing.
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The Employee Retention Guide 2022 - How to attract and retain your best talent - Mentemia
Groov’s research
The findings

Over a third (37%) of workers think about
leaving their workplace at least once a week.
With talent retention top of mind for business leaders amind an on-
going critical skills shortage in Australia and New Zealand, research
                                                                        An astonishing 36%
from workplace wellbeing platform Groov (formerly Mentemia) has
revealed a worrying trend among workers.                                noted that they
                                                                        thought about
One in five (20%) state that they do not feel
that their employer supports their                                      quitting most days.
overall wellbeing.
The research, conducted in early March 2022, surveyed over 1,240
Australians and New Zealanders, to reveal a startling link between      But, there’s good news about the loyalty of
wellbeing support at work and employee retention.
                                                                        those who do feel supported at work.
                                                                        This figure drops to just 6% for respondents who do feel supported
Of those feeling unsupported, almost three                              at work. This points to a concerning gap in business focus, that is
                                                                        driving employees to reconsider how they valued they are in their
in five (55%) had considered leaving the                                current employment.
company at least several times a week.

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The Employee Retention Guide 2022 - How to attract and retain your best talent - Mentemia
Groov’s research                                                                       Groov’s research
Thought leadership                                                                     The statistics

    Adam Clark, Co-founder and CEO of Groov,                                           How often do you think about leaving your current place of work?
    says the pandemic of the last two plus
    years, coupled with the ongoing growth
    in millennials and younger people in
    workplaces, hase seen a reprioritsation for
                                                                                              Respondents who agreed that their workplace
    employees.                                                                                supports their wellbeing

    “Money is an important factor, but what                                                   Respondents who disagreed that their workplace
    we now know is that people want to feel                                                   supports their wellbeing
    valued, care for, and treated with dignity.

    If workplaces don’t provide this, then
    they are losing people, and it is the top                                          %
    performers and high potentials that
                                                                                       40
    leave first.”

                                                                                       30

                                “The link is clear, if you take the time to properly
                                  bake wellbeing into the workplace, the current       20
                              issues around talent retention, recruitment, stress,
                                and burnout will hugely decrease or disappear.”

                                      States Sir John Kirwan, Co-founder of the        10
                                      workplace wellbeing platform Groov and
                                   globally recognised mental health advocate.

                                 “Because if you’re taking the time to show your       0
                                 people you care about them and value them, it              most days   A few     Once a   A few      Once a     N/A
                                                                                                        times a   week     times a    month or
                                makes all the difference in this current climate.”                      week               month      less

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The Employee Retention Guide 2022 - How to attract and retain your best talent - Mentemia
Moving in the right                                                                Dave Wilson, VP of Global IoT Sales at Cisco

direction
                                                                                   sees his teams high performance, consistent
                                                                                   growth, low attrition rate, and high results
                                                                                   as directly linked to the commitment they
                                                                                   made to looking after their people’s wellbeing,
The workplaces getting it right.
                                                                                   developing people, and making them feel
                                                                                   valued.
Leading workplaces across Australia and New Zealand, including
                                                                                   “Business used to talk about wellbeing
Fletchers Building and Kiwibank, are seeing significant improvements
                                                                                   impacting performance and were pretty sure
with employee data for “my workplace cares about my wellbeing”
                                                                                   that results would follow. Well, we’re on the
improving in Groov’s Workplace Temperature Check survey. This is
                                                                                   other side of that journey and I can say that
coupled with up to 20% increases* in individual wellbeing under the
                                                                                   the results did follow.
Six Pillars of Wellbeing, which underpins the approach by Groov.

                                                                                   Groov enables us to look after and support our
Specifically, after engaging with Groov in the workplace, there was
                                                                                   people’s wellbeing, and create an environment
also a large increase in employees who said they congratulated
                                                                                   for them to be brave and be themselves. That’s
themselves when they did something well, found it easier to focus on
                                                                                   when you get true innovation.”
the present moment, and learned new things often or everyday.

Groov Co-founder and CEO Adam Clark adds: “What have we
found is the biggest predictor of improvement? Leaders leading by
example, being vulnerable, creating a place where their people can
be themselves and be at their best.”

“It is really exciting for us to see leading executives recognising
wellbeing as something that is not only important, but is being
approached with urgency. A culture that provides for great wellbeing
is the successful organisational culture of the future. The best people,
                                                                           *Groov customer Kiwibank saw a shift of 40% to 70% following the Embed programme.
finding their Groov.”
                                                                                               On average, we see a shift of 62.5% to 75%.

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The Employee Retention Guide 2022 - How to attract and retain your best talent - Mentemia
What you can do now
Start baking wellbeing into your workplace
today. Here’s how.
                                                                        5) Optimise the work environment:
                                                                        Everyone has a role to play in the workplace when it comes to
                                                                        wellbeing. From senior leaders to employees, wellbeing should
1) Show genuine care for your people                                    become a normal, accepted and practised part of the everyday life in
                                                                        your organisation.
To make your workplace wellbeing programme as success, you and
your leaders need to show genuine care and be 100% behind any
wellbeing initiatives.                                                  6) Lift your leaders:
                                                                        Ensure your leaders understand how to lead with a wellbeing lens, the
2) Lead with wellbeing and show vulnerabitlity                          science behind it, and why it’s the right thing to do, for the business
                                                                        and for your people.
Your people look to you. Practise what you preach and lead by
example. Being vulnerable helps to create an environment where
people feel safe to share and be themselves.                            7) Empower the individuals:
                                                                        Your people need the tools to know what helps them thrive, and stay
3) Make your people feel valued:                                        there. Or as we like to say, find their Groov. Lift the mental health
                                                                        literacy of your whole business and give people the wellbeing tools
Celebrate milestones, recognise the good, reward results and make       and resources they need to succeed.
your people feel that theirthere efforts are seen. Show them that you
seefeel them for who they are.
                                                                        8) Measure, track and understand
4) Treat everyone with dignity and respect:                             workplace wellbeing:
Listen and take into consideration feedback from your people,           Make decisions backed by data and insights, so you know your
including on workplace wellbeing. Make them feel heard and              actions are going to make a difference. To get workplace wellbeing
include them in creating a wellbeing-first culture.                     right, an organisation needs to truly understand what’s happening at
                                                                        all levels.
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The Employee Retention Guide 2022 - How to attract and retain your best talent - Mentemia
About Groov                                 And Groov gets results. A survey of people
                                            using the Groov app* (just one part of the
How our workplace wellbeing                 Embed programme!) found that:
programme works.

                                            88%   of active users report they have learnt
What we do: We help your workplace,         new tools & techniques to look after their
leaders, and people find their Groov.       mental wellbeing.

How we do it: Our Embed programme and       74% of active users report being better able
tailored solutions are designed to tackle   to manage their stress levels.
organisational wellbeing, leadership
wellbeing, and individual wellbeing.        75% of active users report Groov has helped
                                            their mental wellbeing to a moderate, large or
                                            very large extent.

                                             “So many staff have reached out to me to say thank you for
                                             giving them a tool they can use to look after themselves.”

                                             -Sophie Luekis, Executive General Manager
                                             of People & Culture at RACS

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The Employee Retention Guide 2022 - How to attract and retain your best talent - Mentemia
It has six key elements that are tailored to each
                                                  workplace, to create a blueprint for change
                                                  and make it stick.

                                                              Playbook
                                                              Our step-by-step guide to embedding a culture of
                                                              wellbeing in your workplace.

                                                              Modules
                                                              Interactive online content for your people to learn
                                                              about wellbeing and be inspired to take action.

Embed programme                                               Hub
                                                              Understand and take action on key workplace
                                                              wellbeing insights.
How Groov deeply embeds a
                                                              Ritual Builder:
culture of wellbeing.                                         A simple way to introduce small wellbeing habits
                                                              across the business for lasting change.

                                                              Wellbeing Campaigns
Embed is not just for the HR lead or the                      Expert advice, events, and inspiration, delivered
                                                              year-round, acting as an ‘always on’ wellbeing voice
wellbeing manager; everybody has a role to                    for your workplace.
play. Moving to a culture of wellbeing is hard,
                                                              App
so Embed attacks it from many angles.                         The go-to place for personalised wellbeing,
                                                              where people can find and stay in their own,
                                                              unique Groov.
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How to get started                             “Groov has been the catalyst for vulnerable
                                               conversations, increased wellbeing support and
Ready to create a culture of wellbeing? We     continued collaboration in our business, and we feel it
would love to help you do just that.           has had a significant positive impact on our people.”

                                               – Rita Slogrove, Fletcher Building Australia’s Learning
                                               and Organisational Development Manager.

Go to groovnow.com to get more information
or book a demo with our team today. Can’t
wait? Call +61 2 8310 6320 now.

Met Groov at the Workplace Wellbeing
Festival 2022? Attend a demo before Friday
                                             You’ll be in good
15th July and your first THREE months are    company...
on us. Terms and conditions apply.

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