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The L-Blast | November 2021

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The Great Resignation continues to exacerbate workforce concerns with no end in sight. As more and more companies struggle with retaining and attracting needed talent, it has become critical to dive into the root causes of this phenomenon and take active steps to combat it. In this L-Blast’s featured article, we share insights to better understand the source of the problem and provide concrete guidance for organizations and their management teams to navigate through this difficult issue. We hope the information shared here is an effective resource for your recruiting and retention strategies. Our aim is that we can all learn from this situation and ultimately lead better, stronger companies with superior, more effective workforces. As always, let us know if you have any questions regarding this topic, or if you need help developing a winning approach to talent attraction and retention.

The employment market reflects drastic changes following the COVID-19 pandemic. The U.S. Bureau of Labor Statistics reports 4.4 million workers left their jobs in September of this year with no indication of slowing.

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The Great Resignation is only going to amplify

The COVID-19 was the test case that no one wanted. For some time, companies have struggled with a shrinking talent pool, but the global pandemic accelerated this talent shortage to a degree no one could have predicted.

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Toward the end of last year, Anthony Klotz, a professor of business administration at Texas A&M University who studies workplace resignations, realized that a lot of people were about to quit their jobs.

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