THE GREAT RESIGNATION: THE NEW ERA LEAVING EMPLOYEES RE-EVALUATING THEIR CAREER OPTIONS

The Great Resignation is here, and its real. A new era for the workforce as we emerge from the pandemic. In this new era, we see a critical movement from employees – a change in their hearts and minds about where and how they want to work. According to the U.S. Department of Labor, during the months of April, May, and June 2021, a total of 11.5 million workers quit their jobs. Anthony Klotz, the Texas A&M psychologist who coined the term “The Great Resignation,” believes a major factor in job departures is that people are re-evaluating their relationship to work in the wake of COVID-19. 

Workers have been able to reassess their jobs, working circumstances, and long-term ambitions as a result of the epidemic. Many have experienced “pandemic epiphanies” making workers less likely to maintain positions they find unsatisfactory, and more likely to feel empowered in their search for better (or more fulfilling) roles in the workforce. As a result of this paradigm change, a significant number of people are looking for new occupations, and many firms are striving to fill available positions.

If considering making a change in your career our advice is to critically evaluate each of the following:

• The Job- Is your new position exciting to you? Is it a test for you? It might be the first step toward a new professional path or functional area. Alternatively, you may go into a firm where you've always wanted to work. If you're leaving to perform the same job for greater money, we recommend that you consider the various factors that led to this decision.

• The Purpose- How does the goal of what you're going to undertake align with your own personal values? Consider how your own values connect with the firm, the products they sell, the services they provide, or the personal cause they support. As you invest in the moral good, your purpose will fuel your enthusiasm and transform your career into more than just employment.

• The Leadership- We know that one of the main reasons employees search for new chances is because of their direct or immediate superiors, it is critical to assess new leadership during the change process. Find a leader that will push you to be a greater contributor by challenging, coaching, and supporting you; one who will support your professional goals and objectives, your passion, and is focused on your best interests; one who will not hinder or stop you from advancement due to self-serving motives.

• The Culture- Make sure you're familiar with the company's culture before you start working there. Assess if the firm as a whole invests in its culture and holds the leadership accountable for their behaviour and actions in achieving the stated cultural objectives, rather than merely reading the companies' value statements. It's just as vital to find your people and a sense of belonging as it is to be paid and have opportunities. If you miss the target on this, you'll rapidly become unhappy and demotivated.

Over the last several months, there has been a significant surge in competition for experienced talent, particularly in the Solution Provider and Consultancy market, where demand for individuals with a strong balance of technical competence and client-facing abilities has skyrocketed. Returning to the office and taking advantage of the market are two prominent reasons applicants have offered for quitting. Clients that are taking advantage of the market are doing so by listening to their current employees in order to improve retention, as well as modernising archaic recruitment methods in order to secure the finest personnel.Companies must consider adaptation and flexibility in this new era of the job market if they want to keep people and guarantee that they are satisfied in their roles.