The never-ending Great Reshuffle?

Everyone assumes that the Great Resignation is just a phase. But what if it's not? What if this is actually the Forever Resignation? Gartner expects voluntary turnover to be almost 20% higher than before the pandemic – in perpetuity – because of remote work. Remote work makes it easier for professionals to leave their jobs because: 1. The boom in remote jobs gives people more opportunities to work elsewhere without having to move. 2. In remote workplaces, employees tend to form fewer deep relationships with each other – relationships that prevented them from leaving in the past. In my latest piece for Business Insider, I wrote about what this means, both for workers and for companies: https://lnkd.in/gbhnRWWD

Assuming hybrid and remote work are permanent features of the #futureofwork (which seems increasingly likely), have we entered a period of permanently elevated employee turnover? That is, while turnover will clearly continue to go up and down in concert with the business cycle, will it do at a rate that is consistently higher than it was pre-pandemic? Given that (1) the switching costs are now lower than they were before (i.e., I don't have to move, or perhaps even change my office) and (2) the level of employee connection to organizations is plummeting, one can make a strong case that it is. From the article: "Ironically, allowing employees to work from home makes it harder in some ways to retain them. In late 2020, 65% of newly remote workers?told?the Pew Research Center that they felt less connected to their coworkers than when they worked together in an office. For HR managers, that's an especially worrying statistic because disconnection is one of the biggest predictors of turnover — it's why many companies run regular employee engagement surveys to try to spot waves of resignations before they hit. But the answer isn't to ban working from home, as some executives are still attempting to do in the name of "company culture." That will only encourage even more employees to depart for remote-friendlier competitors." Solving the problem of employee connection in a remote or hybrid work environment is one of the most important HR challenges of the next decade. https://lnkd.in/gweYWbkK

Remote work means the cost of leaving a job is lower, employees have more options and weaker ties to coworkers. Is your company prepared to replace a quarter of your team each year?

@robynstorey Recruiters-- is this what you're experiencing? is this article overstating? https://lnkd.in/gBVnF9Pn

the only thing that can help employers? focusing on your culture.

Think the great resignation is going to end any time soon? Nope. With remote/hybrid work we are moving into a period of forever higher turnover rates -- roughly 20% higher than the historical norm. If you had 1 in 5 people quit per year pre-pandemic, expect that to be 1 in 4 post pandemic.

The topic of "The Great Resignation" came up in a discussion yesterday as part of a virtual book club where we were discussing Simon Sinek's 2014 book "Leaders Eat Last". Some interesting views here, as reported by Axios: "Job turnover is 20% higher?in our new remote and hybrid working world — and it's going to stay that way,?... " #remotework #wfh #greatresignation #leadership

The topic of "The Great Resignation" came up in a discussion yesterday as part of a virtual book club where we were discussing Simon Sinek's 2014 book "Leaders Eat Last". Some interesting views here, as reported by Axios: "Job turnover is 20% higher?in our new remote and hybrid working world — and it's going to stay that way,?... " #remotework #wfh #greatresignation #leadership

Hey leaders. The culture of quitting is here to stay. All the more reason to work your hardest at creating a culture of engagement on your teams. Money will lure people away but a place where someone feels cared for, enjoys their team and work, and sees a future can be hard to beat. That’s where your work comes in! #leadership #eq https://lnkd.in/eYBmzupn