Recently, we wrote about The Great Resignation and how steep its impact has been on hiring managers across a myriad of industries. But, experts are saying it’s less of a Great Resignation. In fact, it more resembles a reshuffling – The Great Reshuffling.
According to the U.S. Bureau of Labor Statistics (BLS), in 2021, new hires amounted to 75.3 million, and separations (quits, layoffs, and professionals who left for other reasons) reached 68.9 million.
The Great Reshuffling, not The Great Resignation
While a large percentage of the workforce decided to leave their current jobs when more in-person opportunities became available and some semblance of how life was before the COVID-19 pandemic, these individuals did not retire, rather, they instead sought opportunities that fulfilled their needs more sufficiently than a previous position they might have. Some of these reasons include:
- Increased remote work flexibility
- Managers willing to meet their employees where they’re at
- Investing in the tools that will nurture and further their professional goals
According to WeForum, “But with vacancy levels high, employers are already recognizing the need to react when it comes, not just to recruitment, but to retention.”
How is your organization battling challenging retention efforts amid The Great Reshuffling? Let us know! And you can also view all of APC’s thought-leadership pieces, which cover a range of informational articles for both employers and professionals on topics like resume help, a study on the Great Resignation, top tech hiring trends this year, and more!
Kristen Burgess is the Marketing Specialist at Alliance of Professionals & Consultants, Inc. She has five years’ experience in curating content for digital platforms, social media contributions, and supporting marketing campaigns and strategies. Before joining the APC wolfpack, she worked in digital marketing for software as a service, giving her keen insight into the types of professionals APC hires today. In addition, she likes to stay up-to-date on the most relevant trends within the technology industry through thought-provoking podcasts and newsletters while paying attention to industry leaders’ trends. In her spare time, she serves on the Management Team and helps craft communications for the Junior League of Durham and Orange Counties.