The “Great Resignation” is a term that has been used to describe the phenomenon of a significant number of employees resigning from their jobs amid the ongoing COVID-19 pandemic. The term was coined in early 2021 and refers to the mass exodus of workers from their current jobs due to a variety of factors, including changes in work patterns, burnout, and a reevaluation of priorities.
The COVID-19 pandemic has led to a widespread shift towards remote work and has disrupted traditional work routines, which has caused many workers to reassess their career goals and values. Additionally, the pandemic has highlighted the importance of work-life balance and the need for flexibility in the workplace, leading many workers to seek out new opportunities that offer these benefits.
The Great Resignation has affected a range of industries, and some experts predict that it could have long-lasting effects on the labor market. It is also an opportunity for companies to reassess their employee retention strategies and make necessary changes to retain their workforce.