The Great Resignation Steps Into 2022
Here’s a subject that’s really made the news this year, and we’ve touched on it through a few different lenses. The Great Resignation is what HR experts named the 2021 phenomenon seeing change in employer-employee power relationships, which led to, you guessed it, a wave of resignations across different fields.
There’s been lots of talk about how many people’s priorities simply changed after a long two years of lockdowns (yes, really, 2022 makes it a hat trick for Covid).
There’s certainly something to that, many people have negotiated, turned down or simply left jobs in the last year that weren’t offering work from home and the kind of flexibility that we realised could actually work when we weren’t legally allowed to leave the house.
Another aspect to the Great Resignation is also generational, generation Z [sic] are simply not going to take workplace toxicity sitting down, and millennials were already much less loyal to one company than the boomer generation. Stats back this up, as 77% of Gen Z and millennial plan to switch jobs in 2022 compared to only 33% of boomers.
As for general statistics, a Microsoft survey cited that 41% of workers were considering leaving their jobs in 2021, for reasons including burnout, fear for personal safety, dissatisfaction, and a shift in priorities. In another survey from LinkedIn, 74% of the participants said that time at home during the pandemic caused them to reevaluate their current employment situations.
The "New Year, New Me" phenomenon may kick those considering role changes into action, as January is cited by HR pros as the month that most people look to change jobs.
In our newsletters over the past year we’ve dished out tips on how to find and attract good talent if you need it, or even better, how to keep the great talent you’ve already got through employee retention strategies.
If you want to work with us to create a tailored employee engagement and retention plan that will keep you one step ahead of this ever so particular new work atmosphere, we have answers.
Check out our recent people work, including HR strategy overhauls and Employee Value Propositions to see how we can help you.