We’ve all seen the headlines and read the stories. A massive transformation of the workforce is underway due to people making decisions regarding their mental and physical health, childcare, salary, retirement, purpose, entrepreneurial opportunities, or, to a lesser degree, leaving the workforce altogether.
The Great Resignation is an economic trend that started in 2021 when a mass exodus from the workforce began with millions voluntarily leaving their jobs – 47.8 million (and counting) according to the U.S. Labor Department. There are many theories as to why people are quitting at a time when companies are desperate to hire. Some point to pandemic safety concerns, burnout, and economic factors, like wage levels.
But over the last two years, many have reflected on their lives, including the importance of work/life balance and purpose. Those who have been fortunate enough to experience the freedom that comes with working from home or work schedule flexibility aren’t excited to be going back to the traditional 9-5 lifestyle.
Read More