From the great resignation to the great reshuffle: how does the commercial landscape change?
The large number of people who left their employment in 2021 and 2022 following the pandemic presented us with an unprecedented phenomenon known as the great resignation. Millions of people have left their jobs to protect their health, prioritize their families or continue a better balance between professional and privacy. However, subsequent data showed us that there was more in this decision. A investigation From the Pew Research Center revealed that after the big resignation, 53% of people who resigned went to full new work areas. Therefore, what we are witnessing is the next phase for employees, called “The Great Reshukled”. In this article, we will explore what this phenomenon implies and how it affects the labor market.
What is the big reshuffle?
Let's start by saying that the great reshuffle and the great resignation are not two distinct phenomena on the labor market, but rather one is the result of the other. More specifically, which has started as individuals who leave their jobs due to dangerous, overwhelming or toxic working environments have been transformed into a complete re -evaluation of their lives and their priorities. People have stopped looking for jobs that would simply pay the bills. Now, they are looking for positions that provide accomplishment by aligning themselves more closely with their long -term career objectives and supporting a better balance between professional and private life. In this way, many employees have completely passed from their current work range, changing industries or opening their own business, leading to a “reshuffle” of the labor market.
There are several reasons behind the great reshuffle. You can say that it was even inevitable, and the drastic changes caused by the pandemic simply accelerated it. The ability to work remotely or simply spend more time at home during this time has recognized the advantages of flexible working conditions. At the same time, employees of the industries with high intensity of labor, such as hospitality, retail and health care, faced an unprecedented level of professional exhaustion, which lets them wonder if they wanted to continue in such career paths. Consequently, workers began to seek jobs that aligned themselves better with their objectives and values, in particular as young generations, that is to say that millennials and generation Z, began to constitute a larger part of the workforce.
How does the labor market change?
The great reshuffle changes the labor market in many ways, certain positives and certain negatives.
1. Do not care for talents in certain industries
Given the change in priorities and mentalities among employees, many leave their positions in demanding industries, such as health care, hospitality, education and manufacturing. They are looking for better remuneration, improving working conditions and a balance between professional and private life. This causes a shortage of talents in these sectors, because the experienced and competent workers who leave are not easy to replace with new hires.
2. Increase in leverage for employees
Although these talent shortages have an impact on a few industries, they also gave employees greater negotiation power than ever. Since employers find it difficult to find replacements for vacancies, they are more likely to respond to employee requests. This results in higher wages, improved advantages, performance bonuses, etc., depending on the sector.
3. Rise of flexibility in the working environment
Another positive impact of the great reshuffle is that it encouraged employers to prioritize flexible working conditions. It is not only because they want to respond to the preferences of candidates, but also because companies that offer flexible working hours have observed a higher commitment to employees and global productivity. In addition, the increase in remote work has enabled companies to draw on a world talent basin, helping them overcome limited local talents.
4. Experience vs. Education
The traditional concept of a candidate with diplomas specific to a company to consider them is no longer as strict. This change is understandable, given the speed at which industries are transformed today. What is more important for employers and recruiters is that potential hires have the necessary skills, even if they come from previous experience, online course or certifications. This allows non -traditional candidates who can be self -taught or who have attended seminars to go to new careers.
What should business leaders prioritize during the great reshuffle?
The big reshuffle can increase the rolling rates of employees within your organization and have an impact on its effectiveness. Therefore, it is important that you take some measures to protect your organization and support your workforce.
1. Welfare of employees
The great resignation, then the great reshuffle, came following the exhaustion of employees and a balance between professional and private life. Therefore, it is logical to fight against this by implementing a Well-being program of employees. This will ensure that employees get the support they need to stay healthy, protect their mental well-being and set limits between their personal and professional life. More importantly, they will feel appreciated and forge a more significant link with the company.
2. Reskilling and Upskilling
Helping employees to acquire new skills to improve in their current position or go to another, also known as reversal and reskilling, is the key to the era of the great reshuffle. If employees are looking for a change in their daily routines or their global careers, business leaders can get there. With mentoring programs, training courses, certifications, etc., you can help employees enrich their skills to assume more responsibilities, go to a higher level or go to a new position within the company. In this way, you keep precious talents and employees do not have to seek new jobs from zero.
3. Open communication
A guaranteed way to lose employees is to create a working environment that discourages open communication. If employees have the impression that they cannot share their frustrations and share their thoughts, they are likely to become frustrated and to seek other opportunities. Therefore, it is essential that you maintain open communication lines with your employees, by regularly engaging in dialogue and by conducting investigations periodically to assess their level of satisfaction and commitment. In this way, you can detect any beginning warning panels frustration and take the necessary measures to reconnect with your employees.
4. Flexible work
As we mentioned earlier, one of the reasons for the great reshuffle is that the employees discovered the many advantages of remote work. Therefore, if you have not already done so, you should certainly consider implementing flexible work arrangements, such as hybrid work or home work options. If this is not possible for your industry, you can always explore alternatives such as flexible working hours, compressed work weeks and exchange exchange, among others. In this way, employees will feel more in control of their daily schedule and more capable of obtaining a satisfactory work-life balance.
Building companies ready for future thanks to the great reshuffle
We do not know how long the reshuffle could last. In addition, there were always and will always be people who have the desire to completely change the careers at some point in their lives or another. But what we know is that its effects on the job market are there to stay. This trend has moved the goal of business leaders to Employee skills development And well-being, the transformation of leadership and management styles. And, it seems that it is ultimately for the best. Companies that recognize trends in the workplace and take measures to adapt will be better equipped to sail in future changes and challenges, preparing for success.