As organizations start to return to the office, employees are thinking twice about staying with their employer, which threatens employee retention.
According to Microsoft’s 2021 Work Trend Index Report, research shows that 41% of the global workforce is likely to consider leaving their current employer within the next year, with 46% planning to make a major pivot or career transition.
Due to the amount of change employees have endured over the past year, they are now evaluating their next move – for both their office and home lives. As employees face pandemic-related struggles, they’ve arrived at significant turning point when it comes to career decision-making. Company leaders should reconsider how they approach the next phase of work, embracing the positives and learning from the challenges, as it will impact overall employee retention: who stays, who goes, and who joins your organization.
Hybrid Work Powered by the Red Thread Broadcast Studio
Microsoft’s research revealed five key strategies workplace leaders can adopt to ensure a smooth transition to hybrid work as part of the reimagined office. Below are the ways Red Thread’s Broadcast Studio meets each recommendation from Microsoft to ensure strong employee retention:
- Create a plan to empower people for extreme flexibility
“Empower people for extreme flexibility, then provide guidance to employees as you experiment and learn.”
We’re all planning better ways to work or learn remotely. Experimenting with new technology and being flexible to adapt for a better experience is a priority for today’s leading organizations. The Red Thread Broadcast Studio is designed for flexible, interactive presentations for 1:many in an optimal environment.
- Invest in space and technology to bridge the physical and digital worlds
“Office space no longer stops at the office. Leaders must consider how to equip all workers with the tools they need to contribute — whether they’re working from home, the manufacturing floor, in the office, or on the go.”
We’ve leveraged a range of technology tools to help create a collaborative experience that’s even better than being in the room together. The Broadcast Studio provides high production broadcast quality and is web conferencing agnostic, so it works with all platforms.
- Combat digital exhaustion from the top
“Consider how to reduce employee workloads, embrace a balance of synchronous and asynchronous collaboration, and create a culture where breaks are encouraged and respected.”
The technology in our Broadcast Studio is not only affordable, but also easy to implement and deploy across your organization. With simple touchscreen controls, presenters can easily change modes for viewers to see content alongside presenters in context, see presenters in a natural setting, and get feedback in real time with the chat function and live poll feature.
- Prioritize rebuilding social capital and culture
“Teams must reframe network-building from a passive effort to a proactive one, encourage and reward managers to prioritize building social capital at work, and seek to create a culture where social support thrives.”
The Red Thread Broadcast Studio is the perfect corporate use case for town halls or large company meetings. Since employees can see leaders interact directly with content, annotating and drawing live while maintaining eye contact, it allows meetings to feel more engaged, which can also enhance company culture and maintain employee retention.
- Rethink employee experience to compete for the best and most diverse talent
“Leaders will empathize with the unique needs of each group in their organization and see remote work as a lever to attract the best and most diverse talent.”
As remote employees become more prevalent, embracing innovative technology like the Broadcast Studio can reduce distance disparity, increase employee retention, and create a more equitable experience for all meeting participants, no matter their location.
