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The great resignation is a state of leaving employment. Skilled and long term knowledgeable or otherwise valuable workers have become willing to leave a work place rather than remain for a variety of personal reasons. Inthe end, it has been costing corporations huge amounts of money and driving some from profitability to loss.
The Great Resignation: With Tamron Hall. Americans quit their jobs at record rates in search of more money, flexibility, and happiness; Tamron talks to people who are making tough choices to toss their careers to the side and follow their dreams;
Mr. Girish Naik, Vice President HR, Birlasoft, said that there was an increase in demand for people with specific skillsets due to the COVID-19 phenomenon. He added, “That is what is constituting a great resignation. Their salaries increased manifold and as a result, our attritions also doubled. However, it is going down now.
The Great Resignation is also extending to Big Tech. It follows the likes of Google, Facebook and Twitter allowing employees to work from home forever – in exchange for location-based pay cuts if...
In fact, millions of those so-called “quitters” didn’t leave the workforce at all — they upgraded. It was Bharat Ramamurti, the National Economic Council Deputy Director, who last month coined the...