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Leveraging Differentiated Benefits: Sabbaticals Are A Strategic Solution for Employee Retention in the Future of Work

Not every organization is facing 2024’s stark reality that 1 in 2 employees are open to leaving their organization reported by Gartner. Furthermore, future of work oriented organizations are already focused on attracting and retaining IT talent to bring AI to life for their customers and employees. Gartner outlines the challenge,

“IT workers have a 10.6% lower intent to stay than the average employee — the lowest out of all…functions. (Only 1 in 3 have a high intent to stay” 

In the past six months I have spoken to a dozen organizations now offering a new type of time away- Sabbaticals. They are designed to:

  • retain and refresh talent
  • develop strategic change capacity
  • spark big ideas and succession planning

Organizations offering Sabbaticals (extended time away) are not grappling with how to retain employees. In fact, they are thriving. Claudia Perkins, former Vice President of Human Resources at Cliff expands on the strategic business case resulting in their impressive turnover rate of less than 3%,”

“The perk doesn’t just benefit the employees; it provides value to the company at large. Giving workers a mental break to completely unwind and recharge prevents burnout and allows employees to return more productive than before.”

In a 20 year retrospective on the power of Sabbaticals in the non profit space focused on leaders and their teams, the Durfee Foundation reported an impressively low 13% attrition rate. 

Now is the time to amplify and strategically leverage your current leave policy to retain and attract talent positioned to ensure your organization, or the organizations you support, thrive in the future of work. 

Can you guess which US company was the first to offer Sabbaticals? The answer may surprise you!

Reach out if we can be of service. www.epicsabbaticals.com  #beyondburnout #beyond the statusquo #futureofwork 

Authenticity Clause: The body of the blog was created by myself, the title was with my assistant, AI. 

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