The Great Resignation is all the talk as a record number of people have quit their jobs. What is the research saying about this and what is within the control of leaders, teams, and organizations?
SHOW NOTES
Jason introduces Season 6 episode 3 of the podcast, RAD: The Secret to The Great Resignation, a multi-part episode series. Welcome back to the podcast on corporate culture and leadership and thank you for listening. We engage thought leaders like CEOs, CFOs, managers, VPs, directors, and more for this podcast. We wish to create content that engages your mind and heart and allows you to step back and think and add some positivity to your life. We deep dive into today’s topic.
We can’t control everything but what we can control is our response. Still a lot of work to do but wanted to remind the audience what is within our control is the temperature we create in the organizations and teams we work with. If you have a suggestion, please send it to info@jasonvbarger.com
Please leave a review for the podcast It really helps the podcast to spread these messages out into the world. Please share this podcast with your organization, on your team, or in your life to help spread these messages. Thank you!
1:10 – We are proud to be at over 100 episodes of the podcast and want to thank all of our listeners and thanks to all those who leave us a review which really helps spread this podcast. Be sure to talk about us on social media and connect with us there as well as we love to engage with people and organizations online, you can find all our social links at the top of this page, connect with us we want to know what you think of the pod!
2:45 – Jason introduces today’s thought-provoking topic involving the Great Resignation and how companies are dealing with it now and the shortage of workers out there. First, why did this happen? Jason goes over some of the nearly 30 million people that quit their jobs in 2021. Jason talks about some of the research for why people are leaving their jobs. He then goes over what some of the best organizations are doing to control what they can control during the Great Resignation and their organization.
“Why is the Great Resignation happening?”
6:36 – Jason talks on the podcast about a myriad of reasons why people are leaving their jobs including a psychological shift involving the pandemic and the high-stress of world events that have shifted the mindset of workers. Jason talks about the old mindset of “I’ll play when I’m retired” and live to work where now it is more I’ll work to live. Living life being of higher value than status, the pay, where now people are realizing that living life is more important and I want my work to support my life. Employees are voicing that they want a job that fits into their life and not the other way around.
8:00 – A Harvard Business Review study found that 9 out of 10 employees would take a pay cut to work for a more meaningful work culture. The writing is on the wall and workers everywhere are telling organizations exactly what they want. According to Bloomberg, 66% of Millenials (age 25-40) left their jobs in 2021 cited the reason why they left their jobs was for mental health reasons. Dealing with the stress and anxiety, the pandemic, the angst of the world was cited as the primary reason for leaving their jobs. For Gen Z, age 24 or younger, the number is even bigger at a staggering 81% of those cited mental health challenges. Jason shares insights into the new paradigm shift in the workforce and with companies now related to mental health and what kind of life workers want to have.
“What are companies doing now in the environment of the Great Resignation?”
11:00 – The best companies now are asking, “how do I care for my people?” Many businesses that Jason works with are asking him What are companies doing now in the environment of the Great Resignation? What are the things that are within our control as leaders and organizations and as cultures? Jason will be taking a deep dive into the Great Resignation over the next 3 podcasts in a multi-part series.
13:00 – Jason talks about the secret sauce in what you can control during the Great Resignation refers to RAD.
- R– Retaining Talent. Honor, listen to, engage in your current people. How do we retain talent now and engage our current people. This is a great opportunity now to take advantage of this tremendous opportunity
- A– Attracting Talent. We’ve got to focus on what we can do to attract talent. Attracting new people is imperative to the collective success for an organization to grow and expand into greater things. Be in an attractive place that people will be attracted to.
- D– Developing talent. Once you have people in the organization, the best are doubling down on developing their talent. Doubling down on their future leaders and ambassadors for their culture. Developing people has to be authentic, it has to be intensional, and it has to be a high priority.
18:00 – This episode was to set the stage for the next 3 episodes where we will talk about retaining talent, attracting talent, and developing talent all part of the Great Resignation multi-part series.
“Stay tuned for the rest of this multi-part series on the Great Resignation”
Questions to Ponder
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What is the status of your team, organization and how they’re navigating the great resignation?
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What is your proactive plan to engage the minds and hearts of those on the journey?
Breathe in appreciation and gratitude for the new year and for what you want to become.
Please leave a review for the podcast It really helps the podcast to spread these messages out into the world. Please share this podcast with your organization, on your team, or in your life to help spread these messages. Thank you!
Remember, the best leaders, teams, & cultures stimulate progress by recalibrating their thermostat together.
If you like the podcast, have a question, or just want to share your thoughts about daring to begin please leave a comment below or please leave a review on Apple Podcasts or Google Podcasts.
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ABOUT THE THERMOSTAT
Conversations and micro-thoughts to engage your mind and heart.
A thermostat is proactive. It sets the temperature in a room. Controls the temperature. Regulates the temperature. But in today’s distracted, fast-paced and digital world, it’s easy for individuals and organizations to act more like thermometers, slipping into reactionary thinking, becoming scattered and inconsistent. The most compelling leaders, teams, organizations, families, or collection of humans of any kind operate in thermostat mode. They calibrate their mind and heart to set the temperature for the vision and culture they want to create. Jason Barger, globally celebrated author, keynote speaker, and founder of Step Back Leadership Consulting, is the host of The Thermostat, a podcast journey to discover authentic leadership, create compelling cultures and find clarity of mission, vision, and values.