Mitigating the effects of the Great Resignation starts with understanding the importance of investing in the employee experience.
By Cassie Whitlock|September 27, 2021 at 10:09 AM
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Despite a brightening economic horizon, there’s still big trouble brewing in corporate America. COVID-19-related layoffs are still fresh in employees’ memories, workers are still feeling burnt out by the pressure to perform under stressful circumstances that ran through 2020 and early 2021, and there’s a fresh demand for talent to fuel the hastening economic recovery.
Unsurprisingly, this level of burnout and decline in mental health coupled with a rebounding economy and fruitful job market has contributed to a dramatic increase in resignations—a record 4 million people quit their jobs in April 2021 alone, in an exodus that is being called “The Great Resignation.” Employees have options, and if they aren’t seeing their needs addressed by their current organization, they’re likely to look for opportunities elsewhere.
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