What You Need to Know About the Great Resignation
“Although the number of people quitting their jobs is down from the peak in 2021, it still remains at the highest levels since the 1970s,” says Kiersten Saunders. “The uncertainty and the chaos of the last few years have impacted your relationship with work. The collective American psychology towards work changed. It’s like we collectively experienced this psychological shock.”
This week on rich & REGULAR, Julien and Kiersten (@richandregular) dissect the Great Resignation one year later—who quit, why they decided to and what the impacts have been. Many workers are now taking career pivots and venturing into entrepreneurship, side hustles, online businesses and more, with the option of getting creative with multiple income sources. They’re also pushing for more freedom and flexibility in their schedules, work locations and roles. As well, employees can have more power now in negotiating salaries, schedules and bonuses, and making headways in unionizing workplaces, even large corporations.
“I’m paying attention to the balance of power between employers and employers,” says Julien. “I think employees have more power and leverage than they’ve ever had. I think people are just far more vocal about their needs and the things that are important to them, which does have an impact on the types of conditions and benefits that are offered to them.”
They also discuss the generational differences between workers, the lack of progress in legislation, how women were disproportionately affected by the pandemic and shifting social norms around wellness, parenting and equality.
Learn more at richandregular.com, purchase Kiersten and Julien Saunders’ latest book Cashing Out: Win the Wealth Game by Walking Away, and follow on Instagram @richandregular.
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