The great resignation continues

Even with the economy open, post pandemic, employers are finding it a challenge to hire new employees. Many individuals are either retiring or are transitioning to jobs that can be done from the Internet, which contributes to providing headwinds for employers wanting new employees.

From Fox News:

Julie Bauke, founder and chief career strategist with The Bauke Group, has a good handle on the perspective from both sides of the desk when it comes to employer-employee relationships after 25 years working in the sphere, and says the changes companies are seeing now are multilayered but largely inevitable — COVID just sped them up.

“There’s a mismatch between people and their skills and what they want to do, with the work that needs to be done,” Bauke told FOX Business, pointing to the many older, seasoned workers who retired early due to the pandemic.

Those so-called “boomers” left new generations of workers in their place who are refusing to fall in line the way their parents and grandparents did.

“On top of that,” she continued, “you’ve got this demand that greatly outstrips the supply, which gives the younger generation leverage — and they’re not afraid to use it.”

Bauke says the high quit rates now are due in part to the impatience of workers and employers alike. Some workers wooed by salary increases have been too quick to jump ship and later regretted the move, while companies too eager to get bodies in the door to fill positions have not been choosey enough in their hiring.

A slowdown in the economy will likely rein in that impatience from both sides, with workers willing to stick with a job out of concern for not finding another one and employers easing off hiring to cut costs.

Fox News has additional information in this article.

Category: Society