The Great Resignation.
For many business owners, this term is more than familiar – it’s formidable. But, just in case you’re new to the subject, The Great Resignation refers to an ongoing mass churn in the workforce. In 2021 alone, over 47 million Americans voluntarily quit their jobs in pursuit of something greater. The three top cited reasons for leaving include:
Low salary or wages
Limited opportunities for advancement
A disrespectful or negative workplace environment
Feeling disrespected at work was a major contributing factor for over 50% of workers who quit their jobs in 2021. And unfortunately, it continues to be an issue for many people.
So, what does that tell us?
It tells us that your workplace culture is equally important as the pay you offer and the career advancement opportunities you provide.
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