Press "Enter" to skip to content

What is the Great Resignation and how is it impacting work?

That data highlighting the number of “Quitters” in the workforce … is probably going to get worse.    Surveys reported by Axios are showing anywhere from 25 percent to over 40 percent or workers are thinking about quitting their jobs.     It’s being called “The Great Resignation”.

And… this level of looking for change isn’t isolated to just workers.    The Information’s Jessica Lessin is even commenting on how it’s being reported among founders and CEOs in the startup community.  

That pushback continues to draw change.  Amazon has changed their tune on remote work, guiding employees to a two days remote, three days in the office approach in a new update.    The company specifically cites’ learning and evolving as we go.”

Andreessen Horowitzrecently surveyed 226 startups in its portfolio and found that two-thirds of portfolio companies are looking at a similar hybrid approach as their larger counterparts. In fact, 87 were thinking about 1-2 days a week, with 64 looking at no office at all, only gathering for company off-sites. By contrast, just 18 said that they wouldn’t allow any work from home.

And why?  Data from Limeade showed 100% of employees surveyed in France, Germany, the United Kingdom, Australia and the United States—are anxious about returning to the workplace:

  • 77% cited being exposed to COVID-19 as their top source of anxiety
  • 71% are concerned about less flexibility
  • 58% are anxious about commuting to work

Why do we care?

Anxious workers, asking questions about their own careers and coming out of a traumatic period wondering what they want next.  No wonder this feels like a constantly changing landscape. 

The common thread here that’s unstated is that investment in people and culture.   The work-from-home feelings are the symptoms, not the cause.   Savvy employers are going to be finding ways to take care of their existing people and build a coherent culture new ones want to work in.     And that’s the reason we care… not the specifics of two days a week versus three.    If you have the culture that supports flexibility, the rest comes more naturally.