The 'Great Acceptance' or 'Great Resignation:' Two sides of the same coin
Employees who are resigning are not leaving the workforce, but rather seeking better opportunities.
By Bill Armstrong|September 13, 2021 at 10:21 AM
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It is hard to read anything about the job market at the moment without hearing the phrase “The Great Resignation.” This refers to the amount of employees that are switching jobs. While this is problematic if you are losing good employees, there is an outstanding opportunity right now for companies to attract great talent. Employees who are resigning are not leaving the workforce, but rather they are seeking better opportunities and accepting new jobs. They are migrating to businesses and companies who they feel will better value them. If your offers are getting accepted you might view this scenario as “The Great Acceptance.”
This job migration is indeed happening at a healthy rate. People have changed the way they view their work and their employer relationships. We are seeing the greatest employee retention in companies that are listening to their employees and designing return to work strategies that take that feedback into account.
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