Talentfoot CEO Camille Fetter featured in Forbes

While the job market is still holding strong a different second half of the year may be on the horizon. In some instances, The Great Resignation has turned into The Great Regret.?Recently, our Founder & CEO Camille Fetter shared her insight?with Forbes.

Read the full article here or on the?Forbes?website.?

The phrase "the Great Resignation" has become a part of our workforce's vernacular. In 2021,?roughly 47 million Americans?voluntarily quit their jobs, the?highest rate on record. Workers, tired of being underpaid and unfulfilled,?left their jobs?in search of higher wages, better benefits and more?flexible work options.

While the job market is still holding strong—employers added?372,000 jobs in June 2022?and the unemployment rate is currently at 3.6%—a different second half of the year may be on the horizon. Inflation, Federal Reserve rate hikes and a volatile stock market are merging to create the perfect storm that often precedes a recession. While we’re not there yet, the general sentiment is that we’re on our way:?More than half?of Americans believe the U.S. is currently in a recession.

As talks of a recession loom, employees who job-hopped during the pandemic are now questioning whether they made the right move. About one in five people who resigned during the pandemic later regretted it, according to a recent Harris Poll?survey?for?USA Today, leading to the newest term to enter the scene, “the Great Regret.”

These workers, who were courted with higher pay and more flexible work conditions, are now concerned they’ll be “the last one in and the first to go.” And while many welcomed the additional responsibility that came with higher compensation, some soon found this new opportunity wasn't what they expected.

As a result, the job market is now wavering between two worlds—the Great Resignation and the "Great Regret"—and with that, the shift from an employee-driven to an employer-driven job market has begun. With this in mind, employers need to ensure a confident and fulfilled workforce while also doing what’s best for business. Here’s how.

(Re)Align Expectations

As workers settled into their new jobs, many of them realized the role promised was not the role delivered. A Muse?study?of more than 2,500 workers found that 72% experienced either "surprise or regret" that the new position or new company they quit their job for turned out to be "very different from what they were led to believe." Not only is this unsettling for workers, but it’s also concerning for employers who are still reeling from the revolving door of the past year-plus.

Read the rest of Camille's piece in Forbes.?