The Great Resignation, also known as the Big Quit, is the ongoing trend of employees voluntarily leaving their jobs, from spring 2021 to the present, primarily in the United States.
Also, it has been observed that this trend has become more popular in the USA and European countries.
The reasons for the same are:
It has become more prevalent in those countries, where the companies and the industries have shifted to service-based profiles rather than manufacturing ones.
The resignation in these countries used to happen before as well. Still, only during the pandemic, this trend became more popular due to the significant usage of the internet.
People started viewing the jobs in a newer way. They could manage their work alongside spending time with their family, flexible working hours, work-life balance, cutting off transportation costs, etc. Now “Jobs” has a newer definition, rather than a typical 9 to 5 one.
Also, people got a lot of opportunities to explore their interests, hobbies, and passions.
The inadequate pay, relocation costs, social security, bully and divisive boss, and the hunt for better wages, contributed to the same.
As per the HBR (Harvard Business Report), resignations were highest among mid-career employees aged 30 and 45 years, even as the quit rate declined for younger employees. The resignation rates also fell for workers in the 60 to 70 age group, while those in the 25-30 and 45+ age groups also saw higher quit rates than 2020.
This happened because the companies prefer hiring people they won’t immediately need to train for new roles. Having workers with some experience level is the best way to keep processes running as smoothly as possible.
Also, the fields which grew dramatically due to extreme digitalization such as IoT, Data Science, Artificial Intelligence, Blockchain, Cybersecurity, Digital Marketing people started to acquire the relevant skills and hence shifting their careers to the rising and newer fields that show potential growth in the future.
Even the freelancing opportunities increased dramatically, where people are their own boss. This also provided people the convenience and comfort of their home even while working.
The great resignation is also called a workers revolution that gave people newfound respect for themselves and their lives. The pandemic gave people another reality check on life.
Linkedin studied the trend, and it found that the percentage of LinkedIn members who updated their profiles and found a job has increased 54 percent year on year.
The sector that suffered the most considerable shift in the jobs included retail and healthcare. The people in these sectors had to devote a lot of time, which led to burnout and high pressure at work coupled with pay cuts and despondence.
The pandemic has given time to people to explore themselves. It forced people to see life’s unpredictability and reflect on what really matters to them. Many realized they didn’t like their current job or at least not their current lifestyle, so millions began re-imagining their lives. Many locked up their city homes and moved to suburbs. They realized they didn’t want to wait until retirement to spend their life in greener pasturelands. Many quit full-time jobs and began freelancing. They realized they wanted to spend more time at home or with family as life is too short to stick it out in the wrong career.
Also, to retain their talent, the companies started realizing the same. Hence,
Some companies are offering increments and bonuses.
Some employers are even giving collective holidays.
Some companies are giving coupons for food delivery.
Switching to the hybrid mode of work.
Reward your employees for making them feel valued.
Giving them better health policies and coming up with better family engagement policies.
Giving them a reason to return to work every day.
Allowing employees to work from home if they wish to do so.
Although the work from home or even hybrid mode of work has been gaining popularity, this has also created a lot of problems, such as no fixed working hours, untimely meetings, lesser socialization, distractions during work, more secondary motivation, compromisation in the transparency of work, ill time management skills, and many more. Many startups have opened up among all these, which are being started by the young or mid-aged entrepreneurs and older age groups. One such example includes that of the very famous and successful startup, Nykaa, whose CEO is Falguni Nayar, who started it at 50! About 1.4 million startups were registered in the USA, and even India added 1600 startups in the tech sector.
We can even see how the pandemic has brought significant changes in various industries, such as healthcare, where drones and robots are being used to deliver food and medicines. Also, different healthcare apps, such as Practo, which connects doctors with patients, have become an excellent means of communication, cutting down significant travel costs. Using digital marketing to reach a wider audience, locally and internationally, helps the local companies go global. All this is due to the social distancing norms that followed. Data science is being used to make better predictions and study the competition even in business.
Even in the future, with rising internet usage, the trending and upcoming fields due to digitalization and change in the mentality of the people, the work from home culture or hybrid mode of work or the trend of startups or using of digitalization will grow.
So it’s up to you and the company to decide how things should be going, whether to shift to online platforms or it is better to connect with the people and the customers in the offline mode or both, working from home or working in the office or both, whether to shift to freelancing or a 9 to 5 job, it’s all about the game of mentality and the preferences.
Reading Time: 4minutes“Hope no one will take this blog in the way in which it is not intended. Whoever you support just be calm because it’s just a blog, it just tries to question WHY, it is not at all meant for any kind of vandalism.”
India is a democratic country and we all are proud of it. India follows its constitution rigidly and devotedly. Our Constitution says that any Indian has six fundamental rights, freedom of speech and expression is one of them. For a true journalist, this is the most fundamental one.
Is media vulnerable? If yes, why?
So how much do you think is the Indian mainstream media (the news channels) are unaffected by the government? I am not talking about only the current government but government as a whole, right from the beginning of independence.
You must be knowing that the media is the easiest and most adorable messenger of public of the deeds of the government. It is a great way to affect what the majority of public thinks about any candidate. Because most us assume while watching television that whatever is being shown is definitely correct and focus more on what actually is being said and displayed. So you can easily figure it out that for any government the best and most straightforward way to become stars of citizen’s eyes is through media. In eyes of the common man like all of us, it is next to impossible to purchase media.
BUT NEVER UNDERESTIMATE THE POWER OF THE RULING PARTY, BECAUSE IF POWER HAD NOT BEEN THERE THAN THERE WOULD HAVE NO CHANCE OF A DEMOCRACY TURNING INTO DICTATORSHIP!
Let’s talk about the figures:
India ranked 138 among 178 countries in World Press Freedom Index in 2018. Here is the link, you can check:
As per the report, in this year, 11 journalists murdered, 46 attacked, 27 booked in police cases and 12 threatened for reporting.
Don’t you have a mixed feeling of ashamed, afraid, rage and vex?
So along with the bad conditions of engineers, the media men who report it to the public is itself not in good condition. And believe me, it’s not a statement of rage against the media for shamming us (the engineers) but this feels quite frustrating and deep trauma. Both of them are such an essential part of our country and the worst part is that no one gives a thought for that.
QUESTIONS THAT NEED TO BE ANSWERED:
What had caused senior journalists (like respected Milind Khandekar, PP Bajpai, Abhisar Sharma) to resign from the mainstream media and start their journalism on alternate media like blogs and videos on the internet?
A primetime show named Masterstroke on a quite well-known channel ABP NEWS, being anchored by a senior journalist Punya Prasun Bajpai was being literally blocked to prevent viewers from watching it when the show was technically on air. Why the ABP NEWS was blocked repeatedly at the primetime when other channels were running well? Who was responsible?
Why it has become so tough for police to trace the threatening calls to the journalists?
Government must be answerable to public:
You must have heard that the prime minister of the country is the prime servant of the country, and so the ruling party. And when your servants in whole life serve you honestly and for one time attempts some thief, you will definitely ask for that. That time your servant cannot claim for his long devoted service. Same should be applied with the government, it is not a kind of mercy they do to the public if it does something good, it’s their duty, and the public has the right to ask for his scams, and the government needs to answer it not count its establishments instead of answering.
Essence of being a modern viewer:
Nowadays the parameters of being a true reader or viewers have been changed, now you cannot trust any source of information blindly, not even the mainstream media. Instead, you have to vigil about what you see or hear, what you think and most importantly what you believe. From the political point of view, one has to break the already set paradigms through which we see the world around us. We need to search answers to questions like “IS IT REALLY HAPPENING WHAT IS SHOWN OR CLAIMED?”.
I had doubt on demonetization, thus I cleared that, and here is the brief report of it, in the same way, you can also challenge the paradigms of your minds and read as a responsible citizen of INDIA. And do share your reports and views. Be fearless and be true to discuss the achievement and the drawbacks of the current government.