Is the "Great Resignation" coming for you?
Here are the red flags to watch out for—and five proven strategies to keep talent on board.
The “great resignation” is real. According to the US Bureau of Labor Statistics, in September alone, a record 4.4 million US employees (3% of the workforce) quit their jobs. In August, 65% of US employees were looking for a new job, double the proportion from May. With resignations up in Europe and Asia, the phenomenon is global. If you are struggling to retain your employees, you are not alone.
It’s easy to blame the pandemic for this development. But I believe the issues are more complicated and began long before COVID-19.