Recently the BBC announced, in an article published to its ‘Worklife’ section, that the great resignation – as in the mass migration of workers into other jobs and other companies and away from the employers they worked for in the COVID-19 pandemic – was in fact now over.
The piece cited data published by the U.S. Bureau of Labor Statistics which stated that resignations have now slowed, readjusting to what is perceived to be pre-pandemic levels.
It also quotes Anthony Klotz, Professor of Management at University College London’s School of Management, who first coined the term ‘great resignation’, as saying “Looking at the overall resignation numbers, and seeing they’re back to 2019 levels, I think we can say it’s over. It's not just a simple start-and-stop, of course, but it does seem that we're at the tail of it”.
So, employers rejoice, it seems that your talent woes are over – even according to the man who by all accounts is a leading global expert on the matter. Except, perhaps don’t celebrate too prematurely.
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