Likewise, many of you would choose to change your job.
And you would not be the only one, more and more people changed their job and way of life in the past months.
A report of the United States government highlights how in the second half of 2021, over 20 million Americans have decided to leave their job.
This fact had had such an impact on public opinion to be called the Great Resignation.
After a year spent over our MacBooks, enduring back-to-back Zooms, yoga and HIIT classes on some trending app, many people have decided to risk it all.
Welcome to YOLO: You Only Live Once, the trend of leaving stable and traditional jobs to take a risk by becoming an entrepreneur or looking for something that provides both personal and professional satisfaction.
The first explanation to our mind is that the pandemic has played a crucial role in this phenomenon.
The time we spent in lockdowns and the forced isolation without human contacts made us ponder our lives and anxieties.
As a result, we started to leave the old habits to embrace new ones. Our priorities have shifted, and we found a unique balance between personal and professional life.
However, if we pay more attention to the data, we find that the pandemic, in reality, was not the triggering event.
During the first wave of the Covid outbreak (March-April 2020), people kept their jobs.
In a complex, uncertain and volatile period, it’s never wise to make such a radical change. The main fear was to lose the job.
The data confirm this reasoning; in fact, an average resignation rate is equal to 2.2% of the workforce in the USA.
However, in the first months of the pandemic, this rate dropped to 1,6%.
Things changed when we realized that this emergency would not last only a few weeks, but we should have lived with it for subsequent years.
And here we are in 2022. And it’s not over yet; just this week, we heard about new lockdowns in the Shenzhen region.
Suddenly, many people changed their minds, ready to resign.
According to a recent survey done by Microsoft in 2021, 42% of employees considered the opportunity to leave the job thoughtfully.
The situation is similar in Europe, last year in Germany 6% of the workforce resigned.
And even in unsuspected countries such as China and India, spontaneous protests begin to arise, complaining about the stressful working habits.
The most striking case remains the American one. This data could indeed be influenced and driven by the economic subsidies launched by the Trump administration.
According to the Wall Street Journal, more than 50% of US workers earned more from the subsidies than on their job place, without standing demanding bosses and nerve-wracking working hours.
Stimulus checks, enhanced unemployment benefits and a bullish stock market have given many workers the strength to do this step.
But many resignations come from jobs that have not benefited from any financial help. The so-called office jobs.
When many people started to work from home (remote working), they realized the benefits of this new working model and decided to quit their jobs.
Just consider another data; in the United States, before the pandemic, one job only out of 67 was done remotely today, one out of seven.
This radical change seems “normal” today, but this data is a real game-changer in the working sphere if we think about this.
Perhaps the pandemic has just been the last straw, and people started to start their own business or just faced their working situation.
Not every burned-out worker will quit, of course.
For some, an extended vacation or a more flexible workweek might quell their wanderlust. And some workers might find that returning to an office helps restore balance in their lives.
Many companies realized this change as well, and today welfare programs, hybrid working environment or flexible retribution sound more and more in many multinational companies to retain their talent.
Likewise, many of you would choose to change your job.
And you would not be the only one, more and more people changed their job and way of life in the past months.
A report of the United States government highlights how in the second half of 2021, over 20 million Americans have decided to leave their job.
This fact had had such an impact on public opinion to be called the Great Resignation.
After a year spent over our MacBooks, enduring back-to-back Zooms, yoga and HIIT classes on some trending app, many people have decided to risk it all.
Welcome to YOLO: You Only Live Once, the trend of leaving stable and traditional jobs to take a risk by becoming an entrepreneur or looking for something that provides both personal and professional satisfaction.
The first explanation to our mind is that the pandemic has played a crucial role in this phenomenon.
The time we spent in lockdowns and the forced isolation without human contacts made us ponder our lives and anxieties.
As a result, we started to leave the old habits to embrace new ones. Our priorities have shifted, and we found a unique balance between personal and professional life.
However, if we pay more attention to the data, we find that the pandemic, in reality, was not the triggering event.
During the first wave of the Covid outbreak (March-April 2020), people kept their jobs.
In a complex, uncertain and volatile period, it’s never wise to make such a radical change. The main fear was to lose the job.
The data confirm this reasoning; in fact, an average resignation rate is equal to 2.2% of the workforce in the USA.
However, in the first months of the pandemic, this rate dropped to 1,6%.
Things changed when we realized that this emergency would not last only a few weeks, but we should have lived with it for subsequent years.
And here we are in 2022. And it’s not over yet; just this week, we heard about new lockdowns in the Shenzhen region.
Suddenly, many people changed their minds, ready to resign.
According to a recent survey done by Microsoft in 2021, 42% of employees considered the opportunity to leave the job thoughtfully.
The situation is similar in Europe, last year in Germany 6% of the workforce resigned.
And even in unsuspected countries such as China and India, spontaneous protests begin to arise, complaining about the stressful working habits.
The most striking case remains the American one. This data could indeed be influenced and driven by the economic subsidies launched by the Trump administration.
According to the Wall Street Journal, more than 50% of US workers earned more from the subsidies than on their job place, without standing demanding bosses and nerve-wracking working hours.
Stimulus checks, enhanced unemployment benefits and a bullish stock market have given many workers the strength to do this step.
But many resignations come from jobs that have not benefited from any financial help. The so-called office jobs.
When many people started to work from home (remote working), they realized the benefits of this new working model and decided to quit their jobs.
Just consider another data; in the United States, before the pandemic, one job only out of 67 was done remotely today, one out of seven.
This radical change seems “normal” today, but this data is a real game-changer in the working sphere if we think about this.
Perhaps the pandemic has just been the last straw, and people started to start their own business or just faced their working situation.
Not every burned-out worker will quit, of course.
For some, an extended vacation or a more flexible workweek might quell their wanderlust. And some workers might find that returning to an office helps restore balance in their lives.
Many companies realized this change as well, and today welfare programs, hybrid working environment or flexible retribution sound more and more in many multinational companies to retain their talent.
