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TECHNEWS · Thursday, April 28, 2022

The Great Resignation: Is it going to be a worldwide phenomenon?

The Great Resignation is spreading: 53% of Americans quit their job and made a career change. Do you have the right skills?



Covid pandemic had hit suddenly, leaving an impact on the entire world. The workforce is one of the most hit areas. Over the night, all organizations had to implement unexpected changes to adopt digital services, flexible working hours, and home office settlement. After two years, the world is waking up from this nightmare, and what employers want is going back to normal. But at this moment, they are hitting the wall constructed by the employees. They demand what they learned to be a good approach. The flexibility of working hours, hybrid models that leave a choice of working from the office or home, and even a shortage of the working week are part of that. 

Covid pandemic had incremental health consequences, but it has also woken up the workers' mindset. People started thinking about what they want to achieve in their lives, raising questions regarding their work-life balance and satisfaction with the job they are currently conducting. Covid-19 encouraged all of us to take the time to think about what we are really passionate about and what we want in both a job and employer. This wave, which initially started in the USA, is known as the Great Resignation. Accordingly to CNBC, 53% of Americans in the last year have reconsidered their job. Now it is reaching UK and Europe too.

Employees' well-being and satisfaction directly hit the effectiveness and results of the employing company. When they do not feel care and respect from their employers, they resign. Unsatisfied conditions and a toxic environment are no longer acceptable for them. On the other hand, around 70% of employers in the States are willing to hire! In particular, they are looking for employees that can handle digital tools and have transferable skills. So, the question is, do you have the right skills?

Employees are putting work-life balance in the first place. Employers are thinking about ways to incentivize employees and retain the existing ones. Some companies that moved to four-day workweeks and hybrid systems when the pandemic hit have not looked back, but they kept it during the post-Covid period. Researchers at Oxford University found that when workers are content, they are 13% more productive and directly affect the workplace. So, if you are thinking about shifting jobs, make sure that you land at one that gives you what you are looking for. Then you will be satisfied. 

Just be careful not to burn any bridges. Positively leave the job by expressing gratitude toward the company and giving reasonable notice. Reimagine your life and what you would accomplish. Work on your skills and improve your knowledge. Here are several tips that you should focus on:

1 - Emphasize transferable skills
Emphasize any transferable skills - communication, customer service, problem-solving, collaboration, and dependability - in your resume, cover letter, and the phone screening interview. Entrepreneurship and a proactive approach are rare and well-appreciated skills. Pay attention to including terminology that the company used in the job posting.

2 - Upgrade your skills
Think about what you are passionate about and what you would like to do. Covid19 made a lot of courses available. Now it is easier to obtain certificates or join online training. It is never too late to learn new skills and upgrade your knowledge. It can only bring benefits to your next career.

3 - Practice makes you perfect
The key is to prepare yourself for the interview. Think about potential answers and questions that might appear and examples you could use to show your transferable skills. Consider some emerging technology or market trends, and get ready to highlight how they could impact your prospective employer.

The Great Resignation is spreading worldwide. Employees in Germany and Singapore are not sure they will keep their current job in the next six months. Spain, Italy, and the Netherlands experience an increased number of people changing industries. Australia, UK, Japan, and France, with more and more workers looking for a new jobs. Show your enthusiasm and passion, and work on upgrading your skills. The job market is changing, and now you have a chance to reimagine your life and start living it with joy and enjoyment.

Tijana Kovijanic

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