Seen more than a few articles like this popping up in the past few weeks: Archived Message
Posted by ATL on May 19, 2022, 7:27:59, in reply to "We are paying out the ass to get employees. It’s a real problem. *"
Those job quitters during the Great Resignation? They’re at work.
More than 40 million people left their jobs last year, many in retail and hospitality. It was called the Great Resignation, and then a rush of other names: the Great Renegotiation, the Great Reshuffle, the Great Rethink. But people were not leaving work altogether. They still had to make money. Much of the pandemic stimulus aid stopped by the fall, and savings rates dropped to their lowest in nine years, 6.4%, by January. What workers realized, though, is that they could find better ways to earn a living. Higher pay. Stable hours. Flexibility. They expected more from their employers, and appeared to be getting it.
Across the country, workers were flush with opportunities and could rebuff what they had once been forced to tolerate — whether rigid bosses or customer abuse. And to keep businesses running, bosses had to start listening.
“People have seen this as a rejection of work, but I’ve seen it as people capitalizing on an abundance of job opportunities,” said Nick Bunker, director of economic research for North America at Indeed’s hiring lab. “People do need to pay the bills.”
As vaccines and stimulus money rolled out last year, and state and local governments urged a return to normalcy, businesses grew desperate for workers. Workers took advantage of the moment by recalibrating what they expected from their employers. That did not mean millions logging off forever and throwing their laptops into the sea. It meant low-wage workers hanging up their aprons and driving to another business with a “hiring” sign hanging on the door. It also meant white-collar workers, buoyed by the tight labor market, telling their employers exactly how and where they want to work.
“Our employees have the power,” said Tim Ryan, U.S. chair of PwC, which is in the midst of a three-year transition that allows for more flexible work, including allowing much of the workforce to go permanently remote, a process Ryan estimates to be a $2.4 billion investment.
Makes some sense. In the service sector especially, everything shut down for 6-8 weeks. Then everything started up again. People had an opportunity to reset, especially at the low end where employers are not very loyal to employees and employees reciprocate. And even at the high end, where the market is pushing white collar to remote work opportunities.
- Our kid’s daycare just reduced summer hours to 8am-4pm, citing labor shortages. - CWR10 May 18, 2022, 23:03:37
- That sucks. I'm so glad not to have to worry about child care or formula right now. * - doubledown May 19, 2022, 10:21:58
- Ours just permanently reduced hours. Not as bad as yours but ours was originally open from 630- - GhostofPokeyStixPast May 19, 2022, 8:21:42
- Completely stoked to have both kids in elementary school on the same schedule this fall… - haighter May 19, 2022, 8:21:24
- We are paying out the ass to get employees. It’s a real problem. * - uofi1998 May 19, 2022, 7:13:46
- 8 am seems crazier to me than the 4 pm. that is really late to start* - lcubed May 19, 2022, 6:42:24
- Especially if neither are WFH anymore * - CubsWonWorldSeries May 19, 2022, 6:39:00
- Morning, in Biden’s America* - bigbop85 May 19, 2022, 6:35:08
- Just make the wife work at the kid's daycare center. Boom. Solved. - timmer May 19, 2022, 6:27:45
- Just have to hope one of the two has flexibility with work. - Illini Guy May 19, 2022, 6:14:52