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Home News Workforce

Don’t Count The Great Resignation Out Just Yet

While companies are expanding their benefits to curb the impact of this exodus, the Great Resignation still has a tight grip on the workforce.

Aayat AlibyAayat Ali
September 26, 2022
in Workforce
Reading Time: 2 mins read
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Don’t Count The Great Resignation Out Just Yet

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The Great Resignation has garnered countless think pieces, leadership anxiety and contributed to the ongoing labor shortage the country is facing.  

While companies are expanding their benefits to curb the impact of this exodus, the Great Resignation still has a tight grip on the workforce. 

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Disaster Avoidance Experts

In pursuit of a better work-life balance, a survey from PBS NewsHour, NPR and Marist showed that 46% of workers making at least $75,000 a year were more likely to participate in job hopping. However, 33% of those making over $75,000 reportedly switched jobs.   

For those who did make the job pivot, 32% said that compensation was their top motivator, suggesting that money plays a more significant role in employee satisfaction than previously thought.   

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Yardi Kube automates flex and coworking operations

Although demand for flexibility and better benefits can certainly make a difference in retaining workers, inflation has caused the reshuffling of worker priorities.    

“We shouldn’t look at job hoppers as the problem or that they’re a negative thing for a company,” said Hannah Williams, a data analyst.  

“Maybe it wouldn’t be a problem if companies took better care of their employees, and paid them competitive salaries, and gave them the support that they need in the form of remote work and good benefits.” 

Source: Fortune
Tags: BusinessWorkforce
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Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

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