Between February 2020 and February 2021, a net 2.4 million women and 1.8 million men left the U.S. labor force, according to Pew Research Center. During this time frame, employment dropped by 8.5 million, a loss that Pew says could take more than three years to recoup. Some call it the ‘great resignation,’ but others call it what it really is…. a wake-up call to do something to engage and retain employees before they even think about exiting the door of the company.
As organizations reel from the sting of losing talent, one thing has become clear: Leaders need more support. Whether it’s event-specific such as a compliance training class or ongoing daily access to leadership coaching, the companies that are using the great resignation to re-calibrate are emerging as the employers of choice.
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