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PROPOSED RESOLUTION
APPROVAL OF RECRUITMENT INCENTIVE AND RETENTION BONUS PAY PROGRAM
WHEREAS, in 2021, according to the U.S. Bureau of Labor Statistics, over 47 million Americans voluntarily quit their jobs - an unprecedented mass exit from the workforce, spurred on by Covid-19, that is now widely referred to as the Great Resignation; and
WHEREAS, Cook County ("County") is experiencing the impact that the Great Resignation has had on the employee sentiment, hiring, and retention; and
WHEREAS, in response to the Great Resignation, the County developed a strategic partnership with Deloitte to analyze the local and national labor market and provide the Bureau of Human Resources with an impact assessment, projected duration, and strategic mitigation tools and solutions to help the County assuage unavoidable effects of the Great Resignation; and
WHEREAS, the Great Resignation has significantly impacted the County's ability to recruit qualified candidates; and
WHEREAS, the Great Resignation has significantly impacted the County's ability to retain highly valued employees; and
WHEREAS, the County employee vacancy rate has ballooned to over 5,000 positions across all County agencies; and
WHEREAS, the vacancy rates have impacted operations in all County offices with a significant impact to the most critical areas of public health and public safety; and
WHEREAS, vacancy rates in critical positions within many County offices including but not limited to Cook County Health range from 21% - 47%; and
WHEREAS, the Great Resignation has created a highly competitive employee leaning market, as evidenced by the 1 in 6 employment offers rejection rate; and
WHEREAS, on the last business day in March, nationally there were 11.5 million job openings which equates to nearly two opportunities per job seeker; and
WHEREAS, the administrative cost of recruiting a new employee is approximately $5,000 per new hire; and
WHEREAS, vacancies are occurring at the sa...
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