The great resignation wave
Business Daily
BBC
4.4 • 816 Ratings
🗓️ 27 July 2021
⏱️ 18 minutes
🧾️ Download transcript
Summary
Has the pandemic encouraged more of us to quit our jobs? Rebecca Kesby speaks to Anthony Klotz, associate professor at Texas A&M University, who says the US is about to face a wave of resignations, as many people re-evaluate what they want from a job after months of lockdowns. Ben Kiziltug from the HR software company Personio tells us why companies who managed their staff poorly during the pandemic risk losing workers now. But Zeynep Ton from the MIT Sloan School of Management explains why there might not be a long-lasting shift in power from employers to employees.
(Photo credit: Getty Images)
Transcript
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| 0:00.0 | Hello and welcome to Business Daily from the BBC World Service with me Rebecca Kesbby. |
| 0:07.3 | Coming up, has the experience of the pandemic pushed more of us to quit our jobs? |
| 0:13.0 | Nearly 40% of employees are actually looking to change job. |
| 0:16.9 | If you're thinking you're a 500-person company right now, you're thinking that nearly 200 |
| 0:20.6 | are going to leave in the next 6 to 12 months, then it really hits home. |
| 0:24.6 | Companies are facing an exodus of workers, say researchers. |
| 0:28.3 | But why are they leaving? And what can businesses do to keep hold of experienced staff? |
| 0:33.8 | They're still designing the work for humans as robots. |
| 0:38.5 | What we really need is to change the mindset from seeing workers as a cost to be minimized |
| 0:44.2 | to seeing them as a driver of profits and productivity. |
| 0:49.1 | That's the Great Resignation Wave here on Business Daily from the BBC. |
| 0:56.4 | Hi, I'm Bronte Scott and I am from Huddersfield. I've got two boys, Maxwell and Oscar, |
| 1:03.3 | who are five and two, and I'm currently studying primary education at Huddersfield University. |
| 1:10.2 | When the pandemic started last year, Bronte Scott from the UK was in IT for a big logistics |
| 1:16.1 | company, but working from home through a strict lockdown with two children, she decided it was |
| 1:22.1 | time to quit her job and retrain as a teacher. |
| 1:25.0 | It felt like it's now I need to make this move. Otherwise, I won't do it. |
| 1:32.6 | You know, I had the momentum. I was like, I've just got to go for it. You know, I think a lot of people |
| 1:37.2 | took lockdown and the pandemic to reassess and reinvent themselves. Finally, found the area that I want to be in and I think it's going to be a really great move |
| 1:49.2 | for me and my family. |
| 1:51.2 | Bronte's not alone in reassessing her career during the pandemic. |
| 1:55.3 | Jen Potter also quit her job last year to strike out with her own business. |
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