#1. The Great Resignation is here, and it’s real.
More than 11.5 million workers in the U.S. quite their jobs during the months of April, May, and June 2021, according to the U.S. Department of Labor. Recent studies indicate that it’s not over, yet. The cost of any turnover is expensive for organizations, and it’s worse for small and medium-sized companies, where certain departments may only have one or two coworkers. Read more at INC.
The pandemic has caused employees to rethink their priorities during the pandemic, and many workers are citing stress and burnout as cause to look elsewhere. According to our research, 54% of young leaders report that they have experienced burnout, the same group who shoulder significant responsibility for future progress. When looking at office-based workers globally, our research found definite warning signs for companies: 41% of workers that have considered, or are considering, moving to a job with more flexible working options. 38% of surveyed workers are considering or actually changing careers. Read more here.