The Great Resignation, a period of record-high quit rates that began during the pandemic, may now be over, the BBC reports. Professor Anthony Klotz, who coined the trend in May 2021, now says, “we’re at the tail of it.” New data suggests resignation rates in the UK are normalising to pre-pandemic levels. Experts say economic instability has made workers less likely to quit. Meanwhile, job contentmentis at a nearly 40-year high due to improved flexibility, pay and benefits. Though some sectors, like healthcare, still see high turnover, the mass resignation trend seems to have passed. But Klotz cautions that people will continue quitting in high numbers relative to pre-pandemic years and what comes next could be an unsettled labour market.
What lessons should employers take away from the Great Resignation when shaping future policies?