Resignation Vs Retention: Two Opposite Forces
“People leave managers, not companies”
- Marcus Buckingham
Professor Anthony Klotz of Texas A&M University proposed the concept of the "Great Resignation", which forecasts a high number of individuals quitting their professions once the COVID pandemic is over and society returns to “normal.” Managers are now dealing with the pandemic’s repercussions as staff re-evaluate their careers and quit in significant numbers.
In the United States, companies have a huge amount of available vacancies. Since April 2021, more than 19 million US workers—and counting—have departed their employment, a record rate that has wreaked havoc on businesses across the country. Companies are battling the issue, and many will continue to do so for one simple reason:
They don’t understand why their employees are leaving in the first place.
Find out in this e-book:
- What is the "Great Resignation", and why employees are flocking organizations
- Will all companies suffer from high turnover, and how high turnover rates are impacting companies
- How we can retain employees and escape the resignation wave with LIFO Leadership
- How to boost retention
- ...and more!