May 10, 2022
Terminology always has a season and moment in the sun. If I had to put money on it, I would bet for 2022 it would be this term – The Great Resignation.
The “Great Resignation” was coined and predicted by psychologist Anthony Klotz—and is the tipping point of a nearly decade-long trend of employment dissatisfaction. Also known as the Big Quit and the Great Reshuffle this is an ongoing economic trend in which employees have voluntarily resigned from their jobs en masse, beginning in early 2021, primarily in the United States. Possible causes include wage stagnation amid rising cost of living, long-lasting job dissatisfaction, and safety concerns of the COVID-19 pandemic. Some economists have described the Great Resignation as akin to a general strike.
To get deeper into what this means, I am chatting to Aliza Knox. She is the author of Don't Quit Your Day Job, outlining six mind shifts you need to rise and thrive at work. Aliza built and led APAC businesses for three of the world's top technology firms—Google, Twitter, and Cloudflare. Named 2020 APAC IT Woman of The Year, she spent decades as a global finance and consulting executive and is now a non-executive board director, a senior advisor for BCG, and a regular columnist for Forbes, where she shares her wisdom (and humour) to help professionals who dream of "doing it all."
Aliza now shares her passion and lessons learned with the next generation of business leaders guiding companies across new frontiers while building and maintaining strong connections between teams around the world.
Hear from Aliza on:
- What is The Great Resignation about and what does it mean for employers and then employees alike in a post-pandemic working environment?
- There has since been a huge amount of research trying to work out why this has happened. Are workers quitting work entirely, as the pandemic makes us reevaluate our priorities? Or are they quitting to pursue their dreams in a different career?
- How can one build a culture in a company or entity that attracts and retains the best and brightest talent and stems from The Great Resignation?
- Some recent data worth noting is that the rates of vacancies, resignations and wage growth all slowed in the fourth quarter of 2021, which is a signal that the rebound in labour demand has faded. So, if you weren’t part of the great resignation, you may already be too late. What comes next for business leaders wanting to be flexible but not desperate in their war for taken?
- Take away: What is your final takeaway message for us on The Politics of The Great Resignation?
Contact details:
LinkedIn: https://www.linkedin.com/in/alizaknox/?originalSubdomain=sg