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What is the Great Resignation?

The Great Resignation is a term used to describe the resignation of an important public figure, typically a head of state or government, in disgrace or disgraceful circumstances. 

 

In 2020, when the pandemic reached its peak, many employers lost the will to go on. People were terrified by the news that a virus was spreading, with many fearing for the safety and safety of their loved ones. Many left their jobs and left town in an effort to escape the effects of the disease. While the average household had their daily lives disrupted, and many turned to volunteer work, they could at least count on the fact that their job was taken care of. Desperate to keep their jobs, employees gave up, resigned, and left their companies, leading to describe the phenomenon as the Great Resignation. 

 

Brief History of Great Resignation 

 

When most people think of the great resignation, they think of the biblical story of Moses. Moses led the Israelites out of slavery in Egypt and into the Promised Land. After spending 40 years in the wilderness, Moses was prepared to enter the Promised Land. However, God told him that he was not going to be allowed to enter because he had disobeyed God’s commandment to not kill the Egyptian. Moses resigned as leader of the Israelites and handed the reins over to his successor, Joshua.

 

While the biblical story of the great resignation is perhaps the best-known example, there are many other examples throughout history. Martin Luther King Jr. resigned his leadership position on October 16, 1963, at the height of the Civil Rights Movement in the Southern Christian Leadership Conference after being jailed in Birmingham, Alabama. Nelson Mandela resigned as president of South Africa after spending 27 years in prison.

 

In today’s business world, it’s not uncommon to hear about people quitting their jobs in spectacular fashion.

 

What is Great Resignation? 

 

Great Resignation is when a powerful individual or group resigns from their position, usually because they feel that their work is no longer being supported or they are no longer happy with the direction of the organization. It has largely been exacerbated by burnout. However, the other factors include the shift to work from home and the urge to move into a more stable profession. 

 

According to the US Labor Department, 4.5 million workers left their jobs in November 2021. Further, this continued and accounted for 3% of the workforce quit their jobs each month. Estimations indicate that approximately 75.5 million people in America resigned in 2021. 

 

Final Words

 

The Great Resignation has been sweeping across the world. It brought widespread psychological stress and physical complications to the American workforce. 

 

It’s clear that the vast majority of people leave their positions because they don’t feel safe in their workplaces. While the circumstances surrounding COVID-19 and its aftermath are tragic, the human spirit is a resilient thing.

 

Attend the Compliance Prime webinar to learn more about Great Resignation and how employers can mitigate the impact.

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