The Great Resignation

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WHAT: During the pandemic, the number of people who resigned has increased significantly in Europe and the United States. The term was coined by management professor Anthony Klotz, who in May 2021 described how employees had been given the opportunity to think about their everyday lives with homework, and many had come to the conclusion that they wanted a more flexible life. The trend is strongest in the United States, which in August 2021 had the highest number of voluntary redundancies per month with 4.3 million Americans (2.9% of the working-age population), but it has also become a global trend. Netigate’s survey shows that there may be a link between leadership and loyalty – that employees are more likely to stay with employers who show that they value their employees.

SO WHAT: Employers can even less than before take it for granted that the employees in the organization will stay, but must constantly work with culture, inclusion and in different ways appreciate their employees and make it clear that they are important to the organization. This means thinking through the organization’s role in employees’ lives on a deeper level than was needed under previous economic paradigms. It also means that you need to take employees’ wishes seriously and that there is a shift in how employees choose to look at their working lives. The employer can no longer make demands to the same extent but rather needs to work with the motivation of its employees.