How Professionals And Organizations Need To Prepare For The ‘Great Resignation’
20 Aug 2021
As many of us have heard, recent data suggests that the great resignation is coming. The term “great resignation” was coined by Anthony Klotz, a Texas A&M University associate management professor who has studied the exits of hundreds of workers. In his interview with Bloomberg Businessweek, Klotz shares his prediction that many more people who had hung onto their jobs during the pandemic because of uncertainty are now readying themselves to quit.
Throughout the pandemic, workers have become accustomed to the flexibility of remote work, and are realizing that rather than being pushed back to an office or held to certain hours, the opportunity to work for themselves as freelancers is ideal. In fact, freelancers are projected to make up more than 50% of workers by 2027.
How will this shift to freelance work impact the overall job market? And what do corporate employees need to understand to make the right decisions about moving to freelance work?