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Jun 14 - "Great resignation" wave coming for companies



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 1 month ago '11        #1
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Jun 14 - "Great resignation" wave coming for companies
 

 
visit this link https://www.axios.com/res .. 62490ee55.html



Companies that made it through the pandemic in one piece now have a major new problem: more than a quarter of their employees may leave.

What's happening: Workers have had more than a year to reconsider work-life balance or career paths, and as the world opens back up, many of them will give their two weeks' notice and make those changes they’ve been dreaming about.

"The great resignation" is what economists are dubbing it.

* Surveys show anywhere from 25% to upwards of 40% of workers are thinking about quitting their jobs.

* "I don't envy the challenge that human resources faces right now," says Anthony Klotz, an a*sociate professor of management at Texas A&M University.

A number of colliding trends are driving the resignation boom, experts say.

* University of Michigan economist Betsey Stevenson tells Axios, "People have had a little more space to ask themselves, 'Is this really what I want to be doing?'" So some are deciding they want to work fewer hours or with more flexibility to create more time for family or hobbies.

* Others are considering switching careers entirely:

- A cruise ship staffer trained and pivoted to work in a data center because the pandemic showed her the volatility of her industry.

- An insurance broker and her restaurant manager husband both left their jobs to start a landscaping company because they realized during the pandemic that they wanted to spend more time outside.

* Some are quitting because their bosses won't let them work from home post-pandemic. Others are leaving because they miss their offices, but their companies are now hybrid or all-remote.

* "A lot of people who want to go back are finding that the office that they come back to is not the office they left behind," Klotz says.

There's not much firms can do to hold onto employees who want to switch fields. But human resources may be able to retain some workers by offering as much flexibility as possible, says Cathy Moy, chief people officer at BDO USA, a financial services company.

But, but, but: The big churn could ultimately be good for workers and employers.

* There are now a record 9.3 million open jobs in America, Axios' Felix Salmon reports. And people can still rely on unemployment insurance so they're not desperate to nab the first job offer that comes along, Stevenson says.

* "Hopefully we’ll see a lot more people in 2022 employed and stable because they're in jobs they actually like," she says.

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 1 month ago '14        #2
BasedGawd  topics gone triple plat - Number 1 spot x6
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Lol Companies don't give a fu*k. Theirs thousands of motherfu*kers clamoring for these very same jobs.
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 1 month ago '05        #3
pippen33 
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 BasedGawd said
Lol Companies don't give a fu*k. Theirs thousands of motherfu*kers clamoring for these very same jobs.





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 1 month ago '07        #4
Bkjj11  topics gone triple plat - Number 1 spot x71
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Jobs lookin for workers is crazy now lol. Im in media, it's crazy how they positions are open everywhere now
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 1 month ago '15        #5
The South 
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HR managers gonna be working OT trying to figure out how to attract employees.

Seeing up to $2000 hiring bonuses for pretty normal jobs. Livable wages, affordable benefits, four-day work weeks...

WORKERS RIGHTS
+124   

 1 month ago '05        #6
projectd06 
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Lol 25-40% , I doubt it.
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 1 month ago '05        #7
pippen33 
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 projectd06 said
Lol 25-40% , I doubt it.
Actually Not hard to believe. The article says 25-40% are THINKING about quitting their jobs not that they quit. Studies show that 70-80% of people hate their jobs so that 25-40% actually seems low.
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 1 month ago '07        #8
yola  topics gone triple plat - Number 1 spot x56
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hopefully some people see that having a business means creating something that people want or need, instead of just trying to make money off having people do what they don't want to do
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 1 month ago '18        #9
Browneyezz 
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 BasedGawd said
Lol Companies don't give a fu*k. Theirs thousands of motherfu*kers clamoring for these very same jobs.
That’s quite the opposite. There is a labor shortage. And I think it’s forcing some companies to start giving a fu*k very quickly
+45   

 1 month ago '12        #10
Jo Blow 
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real talk companies have switched to WFH need to start paying employees more just cause they are saving more with them not being in the office. if they don't start paying more n*ggas really will consider leaving and doing other sh*t though.
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 1 month ago '12        #11
Jo Blow 
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 BasedGawd said
Lol Companies don't give a fu*k. Theirs thousands of motherfu*kers clamoring for these very same jobs.
nah you wrong there cuh, companies don't like spending time recruiting, interviewing, doing all that sh*t, then training just to find out an employee ain't sh*t or whatever
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 1 month ago '14        #12
Bigboi781  topics gone triple plat - Number 1 spot x9
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 BasedGawd said
Lol Companies don't give a fu*k. Theirs thousands of motherfu*kers clamoring for these very same jobs.
actually not really lmao. Plus the cost of replacing an employee is insane
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 1 month ago '19        #13
Anomic  topics gone triple plat - Number 1 spot x6
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fu*k em

Thats why China is getting ready to setup shop here real soon, they noticed that we fu*king over our workers just like they do


Last edited by Anomic; 06-14-2021 at 04:46 PM..
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 1 month ago '14        #14
Yosado 
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 BasedGawd said
Lol Companies don't give a fu*k. Theirs thousands of motherfu*kers clamoring for these very same jobs.
Coyotes Walking Packs Of Migrants Up From South America Thru Mexico As We Speak
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 1 month ago '15        #15
Thatdude28 
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I respect people who quit their jobs to get a work/life balance. sh*t.
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 1 month ago '15        #16
Lord Funkington 
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Good. Companies have been exploiting workers for too long and trying to brainwash them that they have no other options. Small businesses are just as guilty. Restaurants in particular.
+46   

 1 month ago '15        #17
katurner 92  topics gone triple plat - Number 1 spot x2
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These companies better offer hybrid or all remote positions or else it's looking dicey
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 1 month ago '15        #18
Spawn  topics gone triple plat - Number 1 spot x2
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Even Walmart hiring at 20 a hour to stock their shelves, sh*t real out here.

Been saying this for the longest, best time to switch careers or find a better paying job.
+24   

 1 month ago '05        #19
Stupendamatic  topics gone triple plat - Number 1 spot x2
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 BasedGawd said
Lol Companies don't give a fu*k. Theirs thousands of motherfu*kers clamoring for these very same jobs.
Depends on the job. A lot of places are offering incentives now for new hires because they’re having issues filling positions.
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 1 month ago '15        #20
Spawn  topics gone triple plat - Number 1 spot x2
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 Jo Blow said
nah you wrong there cuh, companies don't like spending time recruiting, interviewing, doing all that sh*t, then training just to find out an employee ain't sh*t or whatever
 Bigboi781 said
actually not really lmao. Plus the cost of replacing an employee is insane
Right, depending on the job, it could take 6+ months for a company to make profit off a new employee.
+8   

 1 month ago '04        #21
Veno da Don 
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 BasedGawd said
Lol Companies don't give a fu*k. Theirs thousands of motherfu*kers clamoring for these very same jobs.
Not anymore bro. We became very liberal and now we no longer value any long standing traditions. Unless Gen Z takes the wheel it's a wrap for the way we know things.
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 1 month ago '11        #22
Gamemusic 
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Every bar/restaurant I've been to lately is looking for servers.
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 1 month ago '04        #23
Veno da Don 
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 Yosado said
Coyotes Walking Packs Of Migrants Up From South America Thru Mexico As We Speak
wo papers it won't matter...
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 1 month ago '04        #24
Veno da Don 
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 Gamemusic said
Every bar/restaurant I've been to lately is looking for servers.
Every place period in SE Michigan is looking for workers. It's like everybody got rich overnight. Crazy.
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 1 month ago '13        #25
DiegoRivera  topics gone triple plat - Number 1 spot x16
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I hope more of the workforce continues to recognize their own worth, fu*k these companies
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