Understanding and Acknowledging ‘The Great Resignation’

Organizations are dealing with a surreal occurrence of ‘The Great Resignation.’ Per Inc., 11.5 million employees quit their jobs in the spring of 2021, and the numbers are consistently rising. Companies like Microsoft stated in a survey that 48% of employees are looking to change their jobs, and 38% are looking to change in the next six months. Jobs once dearly held by employees are being left behind for better ones. Workers have stopped accepting the unacceptable. They are rethinking their job position and how it aligns with their potential and interests. This unprecedented occurrence has put companies in a reflective mode. It is a critical time for leaders to address this issue in their organization. Moreover, companies should have bilateral discussions with their workforce about their career progress and their long-term goals for the future.

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