"Great resignation" wave coming for companies - Upwards Of 40% Of Workers Are Thinking About Quitting Their Jobs

“The great resignation”: Upwards of 40% of workers are thinking about quitting their jobs

Workers have had more than a year to reconsider work-life balance or career paths.

www.axios.com

Companies that made it through the pandemic in one piece now have a major new problem: more than a quarter of their employees may leave.
What's happening: Workers have had more than a year to reconsider work-life balance or career paths, and as the world opens back up, many of them will give their two weeks' notice and make those changes they’ve been dreaming about.
“The great resignation” is what economists are dubbing it.

• Surveys show anywhere from 25% to upwards of 40% of workers are thinking about quitting their jobs.
• "I don't envy the challenge that human resources faces right now," says Anthony Klotz, an associate professor of management at Texas A&M University.

A number of colliding trends are driving the resignation boom, experts say.

• University of Michigan economist Betsey Stevenson tells Axios, "People have had a little more space to ask themselves, 'Is this really what I want to be doing?'" So some are deciding they want to work fewer hours or with more flexibility to create more time for family or hobbies.
• Others are considering switching careers entirely.
  • A cruise ship staffer trained and pivoted to work in a data center because the pandemic showed her the volatility of her industry.
  • An insurance broker and her restaurant manager husband both left their jobs to start a landscaping company because they realized during the pandemic that they wanted to spend more time outside.
• Some are quitting because their bosses won't let them work from home post-pandemic. Others are leaving because they miss their offices, but their companies are now hybrid or all-remote.
• "A lot of people who want to go back are finding that the office that they come back to is not the office they left behind," Klotz says.

There's not much firms can do to hold onto employees who want to switch fields. But human resources may be able to retain some workers by offering as much flexibility as possible, says Cathy Moy, chief people officer at BDO USA, a financial services company.
But, but, but: The big churn could ultimately be good for workers and employers.

• There are now a record 9.3 million open jobs in America, Axios' Felix Salmon reports. And people can still rely on unemployment insurance so they're not desperate to nab the first job offer that comes along, Stevenson says.
• "Hopefully we’ll see a lot more people in 2022 employed and stable because they're in jobs they actually like," she says.

 

[Bad Gateway]

Go the fuck outside.

 

[Unassuming Local Guy]

ITT: "Who cares if I'm leeching off my fellow man and accelerating America's economic demise, as long as I get mine that's all that matters! And also, why are those corporate fat cats so greedy and selfish? They should be thinking about others!"

If you sit at home and collect welfare despite being perfectly able-bodied, you're exactly as bad as you believe corporate is. You can't act like a dumb lazy hick and then get mad that society treats you like a dumb lazy hick.

 

[Fek]

Some industries just do not gave a fuck

That's a fair point. There are already plenty of jobs that expect you to be their bitch 24/7 and still require you to come into the office at some point. Commutes are aids and eat into your life at a staggering rate (don't do the math..ignorance is bliss). God help you if you have to deal with a special clearance or security checkpoint on your way in and out.

>Try giving them free health insurance like you did the Boomers.

Dude, the benefits that used to come with employment and no longer do (or didn't yet were far cheaper) are night and day compared to now. It's one area that will boil my goddamn blood whenever I've had to put up with a Boomer talking about entitlement or "today's youth [x]." Sometimes they might have a point, but on this aspect of life? a lot of Boomers have absolutely no idea just how much better off they were/are. Fucking mind-blowing.

 

[Bland Crumbs]

I say go for it.

The chances are pretty large that you are going to fail miserably but the corps will probably be happy to welcome you back and lead you to your new used cubicle.

Some will break free and succeed and for that reason I say do it.

 

[wtfNeedSignUp]

What's the point of work when your salary will be worth 20% less next month?

 

[Chandler Bing]

Wait, some companies let you do corporate shit on private devices? Man fuck that, I ain't working on the same computer I keep my porn on. That's just begging for disaster.

Not if you work for CNN. Then you're fine.

 

[Male Idiot]

This is why I am happy to work for a small company.

International corporations tend to be cancer to their employees.

Retake the means of production comrades! Bring down capitalism and embrace the People's Party!

 

[murdered meat bag]

what companies are all these people moving to? a lot of the smaller companies here shuttered their doors when manufacturing stopped coming and they had nothing to ship out. some of those people found work at a similar place, a lot of them are on bennies. a few office ladies at church were furloughed into unemployment and still havent found jobs.

that landscaping couple might strike it hot but more likely theyre going to be flounced by the latinos.

i think covid gave people stupid dreams.

 

[Meat Target]

what companies are all these people moving to?

OnlyFans and GibsMeDats

 

[usernames can change now!]

To be fair, the truck stops have really upped their game in the last few decades, but if you like computer gaming, a truck on truck stop wifi isn't as good as, well anything else.

Actually, now that Starlink is a thing, you could totally put one on a truck.

 

[Not Really Here]

Actually, now that Starlink is a thing, you could totally put one on a truck.

I don't pay attention to Musk's scams, is it any better than a cell Internet connection/dedicated hotspot?

 

[Bongocat]

Surveys show anywhere from 25% to upwards of 40% of workers are thinking about quitting their jobs.

Thinking about and doing are two drastically different things

 

[TowinKarz]

So, 40% of people in a non-binding situation say they don't like their job? Must be Monday.

Just plain' ol griping about quitting but have no actual means to support themselves if they do means the threat is largely empty.


And of those who are serious?

Less anyone laterally transferring into similar jobs with different companies, leaving to go back to school, entering training for upward positions, eyeing retiring a bit early, and other such situations..... how many people who say they're going to quit are ready, willing and able to do so and then NEVER go back into the job market?



What % of the workforce REALLY is walking away and never coming back?

Any poll can say anything if you know who and what to ask.

 

[Sped Xing]

Any poll can say anything if you know who and what to ask.

Show me the poll saying your mom is thin.

 

[Syntaxion]

ITT: "Who cares if I'm leeching off my fellow man and accelerating America's economic demise,

What if that's my goal?

I also never pay for the movies and series I watch; people always say "then those studios go bankrupt and hollywood will die!". Well, I'm happy to do my part

At this point, I can safely say the government I live under does not repressent me. I don't like them and they evidently don't like me. Hell, part of them hates me. Taking part in this hell of a system to support them would be evil, cucked, and immoral.

 

[tehpope]

Actually, now that Starlink is a thing, you could totally put one on a truck.

ATM, no. They tie down your dish to the location you register with them. Some youtube tried this and was going to give his starlink to his Sister or sister in law cousin. But it didn't work.

 

[TowinKarz]

Show me the poll saying your mom is thin.

According to my data, she's been dead 13 years, and skeletons are mighty thin....

 

[Sped Xing]

What if that's my goal?

I also never pay for the movies and series I watch; people always say "then those studios go bankrupt and hollywood will die!". Well, I'm happy to do my part

At this point, I can safely say the government I live under does not repressent me. I don't like them and they evidently don't like me. Hell, part of them hates me. Taking part in this hell of a system to support them would be evil, cucked, and immoral.

OK but you're choosing to turn a gilded cage into a rusty one.

 

[Syntaxion]

OK but you're choosing to turn a gilded cage into a rusty one.

So be it. Best case scenario I get to leech of a government that hates me, worst case scenario government that hates me collapses. Either way I get what I want, it's not like I'm well off in either scenario.

Technically I don't actually leech of the government as I'm a student but if possible I'd do it in an instant. I would feel sorry for people who work hard just to support people like me, but my advice to them would be to use their skills to help their family and friends and earn some money that way instead. Or just get it from the government aswel. The faster this shit collapses the better. It will anyway, I'd prefer if it happened while I'm still young, healthy and can take care of myself.

 

[Garm]

You know, starting to think that the man who released Windows Millennium Edition really shouldn't be allowed anywhere near the economy.

Anyone who still says that UBI wouldn't result in people staying home jerking off needs to be hit with a bat.

People keep implying that there would some sort of modern Renaissance if UBI was enacted. That everyone would take up pens, paintbrushes and various scientific utensils to usher in a brand new age for humanity.

Now I am reminded of Hob Gadling from the Sandman. "If you want to give them the true feel of the Renaissance, you need to spray them shit from a hose when they first walk in."

Seems appropriate.