How goes the Great Reshuffle?

I Quit! Because... With employees in the United States quitting their jobs voluntarily at a rate 25 percent higher from December 2019-May 2022 compared to pre-pandemic?levels, employers and some entire industries are scrambling to fill the substantial gaps being left behind. Research in Australia, Canada, India, Singapore, the United Kingdom and the United States by?McKinsey & Company?reveals that of employees that chose to quit their jobs from April 2020 to April 2022, 65 percent did not so far return to the same industry. As this infographic shows?https://lnkd.in/enbkjinT, the survey also revealed the most common reasons cited by those handing in their notice. At the top of the list are the classics: "Lack of career development/advancement" and "inadequate compensation". The importance of a good boss is also highlighted, however, with the third most common response being uncaring or uninspiring leaders. A quarter of respondents said that a lack of?workplace flexibility?was also a factor - an issue acknowledged with?varying degrees of enthusiasm?and success since swathes of the global workforce realized that working from home was also possible during lockdown.

Growing up I was told to work hard no matter what. To never quit without having another job lined up. Well, I quit without having another job. I had a plan, but not a job. For those of us that quit our jobs during the pandemic, our finances have been impacted either by depleting our emergency fund or dipping into our investments. If you ask anyone in this situation if it was worth it, I'm sure that more than 90% say it was. It was for me. It feels good to be living my life stress-free. Here is an article to support this. #work #job #investments #finances #greatresignation #wellness #financialwellness

I left my full-time job in February without anything else lined up because I was giving all of the limited physical and mental energy I had to a company I believed in the mission of and accomplished a lot at, but didn't feel a connection with. I didn't intend to join the #greatresignation, but it was the right decision as I adjust to living with #chronicillness. Almost immediately, I received offers of freelance work through my existing network, so I put the job search I had begun months before I quit my job on hold to give freelancing a go. So far, it's going well. My income is a fraction of what it was before, but with some cost-cutting efforts, we are making ends meet. More importantly, I'm able to put more time and energy into my health and things that bring me joy. My goal is to find treatments and make lifestyle changes that put me into long-term remission so that I can resume working a full load to save for retirement and travel. In the meantime, part time work, punctuated with rest, is perfect. I recognize that I am privileged to be able to forgo a full-time salary and benefits, at least short-term. This would not have been possible if I were still financially responsible for my children or providing their health insurance, if my parents required my support, or if I didn't have my husband's income and benefits to fall back on. Read more about how we are making this work in today's New York Times. https://lnkd.in/gAeyraqP

I left my full-time job in February without anything else lined up because I was giving all of the limited physical and mental energy I had to a company I believed in the mission of and accomplished a lot at, but didn't feel a connection with. I didn't intend to join the #greatresignation, but it was the right decision as I adjust to living with #chronicillness. Almost immediately, I received offers of freelance work through my existing network, so I put the job search I had begun months before I quit my job on hold to give freelancing a go. So far, it's going well. My income is a fraction of what it was before, but with some cost-cutting efforts, we are making ends meet. More importantly, I'm able to put more time and energy into my health and things that bring me joy. My goal is to find treatments and make lifestyle changes that put me into long-term remission so that I can resume working a full load to save for retirement and travel. In the meantime, part time work, punctuated with rest, is perfect. I recognize that I am privileged to be able to forgo a full-time salary and benefits, at least short-term. This would not have been possible if I were still financially responsible for my children or providing their health insurance, if my parents required my support, or if I didn't have my husband's income and benefits to fall back on. Read more about how we are making this work in today's New York Times. https://lnkd.in/gAeyraqP

So many people not only changed jobs during The Great Resignation, but changed careers altogether along with other significant lifestyle changes. If not for a career in HR, what other career might you have chosen? #hr #humanresources #career #greatresignation #careerchange

The great resignation is a short term trend … the great never applying in the first place is the great long term play that most businesses aren’t understanding. The great young talent in the World ?? will have Options like never before and it will be the macro trend of the next century that will change the world .. these 15-24 year olds aren’t lazy and entitled .. they are aware of their options ??