Intelligent CIO APAC Issue 28 - Page 20

LATEST INTELLIGENCE
PRESENTED BY
Download whitepaper here

1

1 . Introduction : Embracing the Great Resignation
If there is one thing that the COVID Pandemic has taught us , it ’ s that there are things that are out of our control ; things like a highly contagious virus , the weather , and , perhaps , an employee ’ s propensity to reflect on existential questions . By now we should have learned that there are things in life we need to live with and simply embrace .

A GREAT EXECUTIVE ’ S GUIDE TO EMBRACING THE GREAT RESIGNATION

In 2021 , the U . S . experienced the highest number of employee resignations in 20 years . In September , a whopping 4.4 million workers quit their jobs , alarming managers and human resource departments across industries and inspiring witty jargon like ‘ The Big Quit ’ and ‘ Turnover Tsunami ’. Since then , it got worse with 4.5 million employees leaving their jobs in November , bringing the total number of quits in America to over 38 million .
1.1 What do we know for sure about the Great Resignation ?
There is still much to confirm , especially when it comes to its complex and varied causes . But what we do know for sure is that :
• Industries highly affected by the pandemic are seeing more quits
• Mid-career employees and mothers are more likely to resign
• The Great Resignation is not just a 2021 phenomenon
• Industries highly affected by the pandemic are seeing more quits
Technology and Healthcare Industries : In comparison to other industries , tech and healthcare saw a much higher rate of resignations with a 4.5 % and 3.6 % increase in quits in 2021 as to 2020 respectively .
20 INTELLIGENTCIO APAC www . intelligentcio . com