Workers are sending a very loud and clear signal that organizations better hear if they want to attract and retain top talent, say this corporate lawyer and former DNC chairman.
Amid all the headlines about millions of workers quitting their jobs during the Great Resignation, it is easy to miss the signal in the noise.
A recent multi-region McKinsey survey of managers and workers reveals that there is a significant disconnect between how management and employees currently view this new dynamic.
Yes, a record 47.4 million Americans quit their jobs last year—more than a quarter of the total workforce. And, yes, the understandable first response from employers has been to throw money at the problem in the form of higher compensation. To many, this is merely the supply and demand dynamic of a temporarily tight labor market created by a rapidly recovering economy.
But all the noise surrounding the Great Resignation tends to drown out the vastly more instructive signal that workers are sending. What employers perceive as the Great Resignation is viewed by workers as the Great Transition.
People of varying backgrounds, places, and circumstances are looking for something different than what they have now. Those who are quitting are finding new jobs they perceive as more attractive. This Great Transition is a key attribute of a new dynamic, an environment shaped by constant and rapid change, where there will never be a new normal.
Read the complete Fact Company article BY JOE ANDREW: https://www.fastcompany.com/90728005/the-employee-employer-disconnect-thats-fueling-the-great-resignation
