The Great Resignation — What Companies Can Do to Retain Their Employees

56% Americans said that they would prefer to work remotely

🌍 S M Mamunur Rahman
THE MONEY

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Photo by Tim Gouw on Unsplash. Edited by the author using Canva.

Let’s admit it — thanks to the pandemic, people are now more adventurous than they were ever before. And it’s not money that they only care about.

People have already rediscovered themselves after witnessing what an unexpected event can do to their lives. Now, they know who they are and what they really want in life.

They are not satisfied with the concept of being the money-making machine anymore. So, the sad news is — no, you cannot keep them only by raising salaries or giving them some bonuses.

Well, that’s important, of course — but that’s not the only thing that matters.

According to the most recent data from the US government, around 4.3 million Americans left their jobs in August alone. And the trend is only getting momentum with time. As a result, the sectors like hotel, travel, manufacturing, healthcare, warehouses, bars, and many more are facing substantial worker shortages.

As America loves to put the word ‘great’ ahead of everything (no matter how dismal the situation is), it named this historic job quitting event The Great Resignation.

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🌍 S M Mamunur Rahman
THE MONEY

Boost Nominator ✦ Editor of The Environment ✦ I share stories to transform your life