From great exhaustion and great resignation to talent empowerment and operational scalability
Employers and employees are facing a plethora of problems in the modern job market.
With 1 in 5 workers worldwide considering leaving their positions in 2022, the great resignation seems to be in full swing across the globe. ‘Quit rates’ hit a 10-year high in February 2022, reaching 9.5% of the workforce, with 2 in 5 Australians claiming they are considering leaving their jobs.
Alongside commentary on the great resignation, we also see references to the ‘great exhaustion.’
These two phenomena may naturally be linked but overly correlating the two may be an oversimplification of the circumstances.
Employees are not simply quitting because they are tired. There’s more to the picture. So, how do we explain the current situation? What does it mean for businesses and consumers? Is there an opportunity to be found in these trends?
In this whitepaper, we examine the status quo of employment in 2022, how mass resignations are adding unprecedented pressures and challenges on employers, and most importantly, how businesses today can find a fundamental solution to those ever-increasing challenges.