How Insurers Can Manage The "Great Resignation" (Insurance Information Institute)

How Insurers Can Manage The "Great Resignation"

Thursday, October 28th, 2021 Education & Training

If you didn’t quit your job this year, chances are you’re thinking about it: 41 percent of the global workforce is considering leaving their employer this year according to a Microsoft study.

U.S. workers are quitting in record numbers: 4.3 million resigned in August, nearly 3 percent of the U.S. workforce and the most in the 20 years since Department of Labor began keeping track.

This followed 3.98 million resignations in July and 3.99 million in April.

While the reasons so many workers are quitting now are often related to low wages and poor working conditions, the pandemic has also led many people with ‘good’ jobs to reevaluate the role of work in their lives and to pursue jobs that are more meaningful to them.

The mass exodus has employers worried.


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External References & Further Reading
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