Who Is Driving the Great Resignation?
1–10 of 123 posts
Re: Who Is Driving the Great Resignation?
#2Humans
Re: Who Is Driving the Great Resignation?
#3A few weeks ago I searched for "pandemic related to increased reports of mid-life crisis" but couldn't find anything. This data could back up my theory in that the increase in resignations seems to be mid-career folks.
Re: Who Is Driving the Great Resignation?
#4Could also be that more and more people are child free, which makes them less reliant on a job.
Re: Who Is Driving the Great Resignation?
#5I wonder in tech if this is also down to the rocketing stock market valuations and how this is factoring into companies creating enticing total comp packages. Works if markets keep moving up.
Re: Who Is Driving the Great Resignation?
#6They dance around that a lot of this is simply about salaries.
Re: Who Is Driving the Great Resignation?
#7I wonder in tech if this is also down to the rocketing stock market valuations and how this is factoring into companies creating enticing total comp packages. Works if markets keep moving up.
It is trickle-down inflation: too much capital chasing too few companies chasing too little labor, also chasing too few goods (asset inflation, wage inflation, consumer goods inflation).
Re: Who Is Driving the Great Resignation?
#8My own personal data point is that, with COVID, some tech companies are embracing remote work and suddenly I can enter a much wider and higher paid job market without having to relocate.
Companies that aim to get butts back in the office are going to have a huge brain drain.
Re: Who Is Driving the Great Resignation?
#9If you are a tech company and want to retain your workers I think there are two things you can do:
1) Make sure you are paying your workers close to what they could get just by switching to the same role at a different company.
2) Make sure that you offer permanent remote roles.
Just from my anecdotal experience in tech, most of the people who have left companies recently have left for one of these two reasons: either they were getting a big bump in compensation, or else the old company did not allow permanent remote work.
Re: Who Is Driving the Great Resignation?
#10I wondered about this a lot.
There's lots of "people are resigning, they don't want to work for $15 an hour" articles that to me combined labor related ideas that I'm not sure are that related.
To me this article at least asks a lot of valid questions / possibilities.
>It’s also possible that many of these mid-level employees may have delayed transitioning out of their roles due to the uncertainty caused by the pandemic
That and other ideas there seem valid and interesting. Unfortunately the article doesn't provide a lot of answers.