The U.S. Bureau of Labor Statistics reported that in September of 2021 more than 4.4 million people resigned (not laid off) from their jobs while there were 10.4 million job openings in the same period. Labeled “The Great Resignation,” millions of workers are quitting right now and employers are in panic mode, finding it difficult just retaining talent, much less attracting new talent.
On a recent episode of Influencers Radio with Jack Mize, Employee Engagement expert Fahim Karim discussed how he is helping purpose-driven, growing companies retain and attract talent in the face of this tidal wave of resignations.
On the surface, it may appear to many that the COVID pandemic has been the main thrust behind the increased volume of workers leaving their jobs. However, during the interview, Karim cited preliminary survey data that revealed some of the main reasons employees are really leaving: burnout, organizational change, lack of flexibility, discrimination, and lack of value being placed on employee contributions and ideas.