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The Great Resignation is a phenomenon that describes record numbers of people leaving their jobs after the COVID-19 pandemic ends. Companies now have to navigate the ripple effects of the pandemic and re-evaluate how to retain talent. Dr. Isabell Welpe explains what we can learn from this recent trend in the workforce. 'Quiet quitting' is on the rise, with about 1/2 of US employees saying they are not engaged at work, according to a Gallup survey. But a lack of engagement is nothing new. We’re quitting our jobs in record numbers. Why? Because we’re switching industries, trying new things and taking time out. These are some of the trends fundamentally reshaping the traditional world of work, says management consultancy McKinsey. The term 'quiet quitting' has gone viral among young professionals on social media. But it is not about quitting your job and could reduce employee burnout. Unprecedented numbers of women leaders in the US are quitting their jobs. Many want to work for companies that prioritize flexible working and well-being. The Great Resignation - the record number of people that have left their jobs since the beginning of the pandemic - shows no signs of abating. One in five workers plan to quit their jobs in 2022, according to one of the largest surveys of the global workforce. Although most are seeking higher salaries, over two-thirds say they are seeking more fulfilment in the workplace. The concept of quiet quitting has sparked discussions about similar workplace behaviors, including soft quitting, resenteeism, and quiet firing. While quiet quitting involves employees doing only what’s required without going above and beyond, soft quitting takes a subtler form where employees remain in their roles but mentally disengage. The ‘resignation equation’ is made up of 5 factors that explain why workers quit, PwC says. A fifth of workers round the world are likely to quit in 2022. Quiet quitting: Leaders are under-skilled in nurturing talent - here are 4 things they need to do In the era of quiet quitting, what do people really think of their bosses? The Great… Reshuffle, Re-invention, Reassessment? 3 reasons workers are quitting and heading to different sectors Accept our marketing cookies to access this content. The pandemic has ushered in remote working at breakneck speed and while some employees are thriving, others are struggling with burnout, a new Microsoft survey finds.
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