Attend IT Limited Blog

People Are Quitting and It’s Getting Expensive for Businesses

People Are Quitting and It’s Getting Expensive for Businesses

We are in the midst of a phenomenon known as The Great Resignation, and like many other time periods in the past with “great” in their title, they are anything but that. In this case, the Great Resignation has to do with people leaving their jobs without having new ones lined up, creating a lot of problems for businesses with employee turnover. Let’s take a look at the Great Resignation and what it means for small businesses.

What’s Causing the Great Resignation?

In short, burnout is a primary factor for the Great Resignation. Perhaps it is due to the pandemic forcing remote work on some folks, but people are spending a lot of time working even when not in the office. Without a break in the action, it’s no small wonder that employees are feeling burnt out. The hybrid workplace has created much anxiety with workers, with some of the topics contributing to this anxiety including missing out on opportunities, being left out of conversations at the workplace, and scrutiny about slacking off. With all of these factors coalescing, who can blame employees for wanting to get out and see what other opportunities are available to them?

Here are some statistics from Limeade’s research. These numbers come from a study that examined 1,000 workers who started a new job in 2021.

  • 28% left jobs without having another lined up.
  • 40% chose new jobs that offered remote work.
  • 24% left because their new job offered more flexible hours.
  • 22% felt more comfortable disclosing mental health issues with their new employers.
  • 29% of workers earned a 10-19% pay increase when leaving their old jobs.
  • 23% took a 13% pay cut at their new job.

Furthermore, some of the major trends indicate that workers are feeling underappreciated and that they are starting to grow mentally exhausted. And who wouldn’t, considering the issues that face most businesses these days?

What Do You Do Without Talent?

For small businesses, losing talent can be devastating, especially in areas where talent is somewhat limited due to geographic or population reasons. Thankfully, the Internet has enabled businesses to take advantage of outsourcing to shore up any issues they might have with their workforce. Say what you will about the pandemic, but it has shown that many positions are perfectly capable of being done in a remote setting, even if it might still be preferable to have someone on-premises doing the job.

One aspect of running your business that is enriched dramatically thanks to outsourcing is technology management and maintenance. Since technicians and other positions like these require intensive knowledge built up over years of experience, finding the appropriate technician can be difficult. Most technology management and maintenance can be performed remotely these days, meaning you are no longer restricted by your location or the talent in your area.

Attend IT Limited can help your business overcome challenges related to your IT staffing. To learn more, reach out to us at 020 8626 4485.

What You Need to Consider When Implementing Cloud ...
Is Your Virtual Private Network Actually Securing ...

By accepting you will be accessing a service provided by a third-party external to

Mobile? Grab this Article!

Qr Code

Tag Cloud

Security Technology Business Computing Network Security Tip of the Week Best Practices Productivity Cloud Data Backup Data Recovery Managed IT Services Disaster Recovery Hackers communications Hosted Solutions Privacy VoIP Data IT Services IT Support Backup Malware Business Continuity Business Small Business Mobile Devices Email Cloud Computing Software Cybersecurity Innovation Outsourced IT Internet Efficiency Phishing Computer Productivity BDR IT Support Business Management Ransomware Saving Money Hardware Upgrade Microsoft Server User Tips Internet of Things Automation Information Technology Smartphone Smartphones Managed IT services Collaboration Managed IT Mobile Device Management Covid-19 Network Mobility Risk Management Budget Meetings Compliance Workplace Tips BYOD Windows 7 Training Mobile Device Wi-Fi Human Resources Communication Managed Service Provider Gadgets Quick Tips Artificial Intelligence Avoiding Downtime Spam Google Save Money Employee-Employer Relationship Passwords Data Management Cost Management MSP Password History Hosted Solution Users Computers VPN Android Virtual Private Network Managed Service Firewall Wireless Remote Computing Remote Work Windows 10 Content Filtering Remote Workers Business Technology Encryption End of Support Software as a Service Conferencing Printing Hard Drives Audit Wireless Internet Machine Learning Telephony Voice over Internet Protocol Big Data Recovery Maintenance Computing Marketing Solid State Drive Automobile Time Management Redundancy Value Paperless Office Manufacturing Tech Term Backup and Disaster Recovery Networking IT Service Instant Messaging Personal Information Printer Saving Time Data Breach Microsoft Office Data Security Employer-Employee Relationship Hybrid Cloud Document Management Social Media Devices Telephone Systems Router Online Storage Financial Technology Travel Laptop SaaS Managed IT Service Help Desk Save Time Lifestyle Smart Technology Black Market Vulnerability Regulation Connectivity HIPAA Regulations Compliance OneNote Unified Communications Battery Hacker Two-factor Authentication Project Management Videoconferencing E-Commerce Nanotechnology Copiers Electronic Medical Records Flexibility Spyware Leadership Data Protection WPA3 Customer Relationship Management Virtualization iPhone Cost Wasting Money Browser Video Conferencing IoT Payment Cards Streaming Media Company Culture Managed Services Remote Monitoring Windows 10 AI Cybercrime Streaming Voiceover Internet Protocol Facebook Apple Social Engineering File Storage Operating System Shadow IT Remote Amazon Office Outsource IT The Internet of Things Content Filter Evernote Payroll Advertising intranet Business Telephone Gamification User Error Update Bitcoin Commerce Bandwidth Antivirus e-waste Fiber Optics Telephone Word Legal Upgrades Azure Analysis Virtual Assistant Monitoring Mobile Business Intelligence Mobile Office Troubleshooting Workstations Customer Service Holiday Smartwatch Computer Repair Education Administration Data Loss Cleaning Transportation Finance Cybersecurty Chromebook Windows Server 2008 Wireless Technology Remote Working SMB Active Directory Alexa for Business Work/Life Balance Dark Web Break/Fix Window 10 Management Printers Professional Services Phone System Proactive IT Workers Private Cloud App Development Hacking Blockchain Copier Vendor Government Entertainment Mobile Computing Samsung Applications PCI DSS Students Utility Computing Application Colocation Going Green Infrastructure Downtime Smart Tech Employees Disaster Money Windows Server Information Office 365 Proactive Hiring/Firing 5G Relocation Music Updates Keyboard Apps Chrome Net Neutrality Identities Work Law Enforcement Adobe Wireless Charging Alert Investment Communitications Keyboard Shortcuts Microsoft Excel Current Events Webinar WIndows Server 2008 Threats RMM OneDrive PowerPoint Accessory Touchscreen Security Cameras Processor Identity Computer Accessories Telework Websites Unsupported Software Medical IT Display Tablets Analytics Video Games Microsoft Word WiFi Data Storage Micrsosoft Text Messaging Legislation Workplace Strategy iOS Sync Scams Testing Reputation WannaCry ROI Hosted Desktop Point of Sale File Sharing Robot IT solutions Patch Management Audits Data Theft Windows 11 Root Cause Analysis Sabotage Peripheral Safety Scalability Tech Support Biometrics IT Management Benchmarks Data Privacy Gifts eCommerce Google Assistant Co-Managed Services Health NFL Unified Threat Management Screen Mirroring Digital Signage Identity Theft Office Tips Comparison Language Authentication Employee Managed Services Provider Camera Licensing Politics Charger Policy Settings Windows Server 2008 R2 Smart Devices Financial Storage Computer Tips Windows 10s Outlook HaaS Vendor Management Miscellaneous Solutions Augmented Reality PC Access Control Managing Stress Internet Exlporer Emergency Fraud Hard Drive Twitter USB Windows Books eWaste Innovations Cast Worker Commute Specifications Scam Internet Service Provider Windows 8.1 Computer Fan Facebook Privacy Projects Social Experience Procedure Business Strategy Bring Your Own Device Sports IT budget Hard Disk Drive Shortcut Credit Cards Memory Admin Humor Edge YouTube Computer Forensics Hyperlink Virtual Reality Search Windows Ink Device Security Consultant App store Sales Virus Voice Organization CRM PDF Cortana Best Practice Excel FAQ Television CrashOverride Server Maintenance Inventory Google Docs Worker How To Ciminal Emails IT Solutions Myths Holidays Gmail Wasting Time Google Maps Reviews HBO Mobile Security Retail Google Drive Workstation Computer Care