Employers' lackluster response to the pandemic has triggered a "Hidden Resignation," as more workers report being actively disengaged from their jobs.

Here's what's going on. 👇

businessinsider.com/hidden-resigna…
Workers aren't just quitting their jobs.

Many employees, disillusioned with the way their companies are mishandling the new realities of work, no longer feel able or motivated to devote themselves to their jobs the way they did before the pandemic.

businessinsider.com/hidden-resigna…
There are, of course, plenty of Americans who are actually leaving their jobs.

What leaders don't grasp is that their turnover problem goes beyond employees finding new opportunities.

businessinsider.com/hidden-resigna… Photo shows a person working at their desk with their hands
Companies are actively driving their white-collar workers away by presuming that employees are still thinking the way they did before the pandemic: that their jobs are the most important things in their lives.

businessinsider.com/hidden-resigna…
But in the face of novel challenges stemming from the pandemic — everything from the shift to remote work to closures of schools and daycare centers — many workers began to question the validity of their career as an identity.

businessinsider.com/hidden-resigna… Photo shows a person working at their desk with their hands
Though the unemployment rate has stabilized from the uncertainty of the pandemic, Gallup found that employee engagement dropped in 2021 for the first time in a decade.

Only about a third of employees reported being actively engaged in their work.

businessinsider.com/hidden-resigna…
This hidden resignation underscores why many businesses are failing to keep their best from eyeing the exits.

In the rush to offer workers pay bumps and similar perks, many employers are overlooking the shortcomings of their business cultures.

businessinsider.com/hidden-resigna…
Yes, better pay and benefits are essential for retention.

But when employers fail to ensure that staff feel connected and fulfilled, they ignore what employees themselves say is driving them to reassess their relationship with their employers.

businessinsider.com/hidden-resigna…

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More from @BusinessInsider

Jan 11,
Moon Juice has become an international wellness brand with their products — like the $38 “Sex Dust” — being sold everywhere from Sephora to Nordstrom. But ex-employees said founder Amanda Chantal Bacon put the brand’s image before their well-being.

businessinsider.com/moon-juice-ama… Photo graphic featuring an image of Moon Juice founder Amand
Since launching Moon Juice as a single juice shop in January 2012, Bacon has turned the Los Angeles-based company into a brand with upward of $20 million in annual sales.

But part of the allure isn’t just the products, it’s Bacon herself.

businessinsider.com/moon-juice-ama…
Employees bought into Bacon’s dream of $12 cold-pressed juices and love and light.

But many of the 20 ex-employees interviewed said they soon realized the quirks that made her a wellness influencer could be frustrating to deal with in real life.

businessinsider.com/moon-juice-ama…
Read 12 tweets
Jan 3,
2021 saw a record high amount of quits.

If the rest of the country is shocked by the labor shortage, Kentucky's is decades in the making.

Here's why it's the epicenter of America's Great Resignation. 👇

businessinsider.com/how-to-solve-l…
Kentucky's quit rate has been especially high compared to most other states during the pandemic, but it was higher than the national average long before.

"The truth is that something has been amiss for a long time," wrote @KyChamberFdn.

businessinsider.com/how-to-solve-l… Graph shows the quit rate in Kentucky and in the United Stat
💼 It's tough to be a worker — and an employer.

Look at Kentucky's minimum wage workers, who have kept earning $7.25 for the past 12 years while the federal minimum hasn't increased and most other states and localities have moved to raise it.

businessinsider.com/how-to-solve-l… Photo shows a billboard with “Now hiring!” in large lett
Read 12 tweets
Jan 2,
Baby boomers have reaped the benefits of low-interest rates and housing inflation.

They're wealthy, but some still don't have enough money to retire. 👇

businessinsider.com/typical-baby-b…
Named for the wave of births that occurred from 1946 to 1964, baby boomers set the tone for post-World War II America.

As they entered adulthood, they sought the American Dream marked by a steady career and a house, car, and a family in the suburbs.

businessinsider.com/typical-baby-b…
Many boomers have acquired enough wealth to partake in the greatest wealth transfer in modern history, which will go to their children and philanthropy.

businessinsider.com/typical-baby-b… Photo shows a group of people raising bottles of beer and lo
Read 5 tweets
Nov 23, 2021
April Koh is the youngest woman running a multibillion-dollar startup.

@thisisinsider talked to 31 people close to the company, including former and current employees. Insiders say Koh’s inexperience and some missteps led employees to quit. 👇

businessinsider.com/spring-health-… A graphic showing three side by side images of Spring Health
Koh started Spring Health at age 24 in her senior year at Yale after struggling with her own mental health.

The company offers therapy and coaching as a corporate benefit to clients including @GeneralMills, @PepsiCo, and @Instacart.

businessinsider.com/spring-health-… A graphic that shows Spring Health's founders, from left, Ad
By September of this year, the company was valued at $2 billion, with backing from Tiger Global.

Yet behind the impressive financial numbers is another, less cheery story.

businessinsider.com/spring-health-…
Read 13 tweets
Nov 23, 2021
Big investors and the largest US banks legitimized areas of finance this year that, until just recently, were considered the Wild West. Presented by @AlightSolutions

businessinsider.com/100-people-tra…
Major wealth managers Wells Fargo and Morgan Stanley started offering rich clients exposure to cryptocurrency, and JPMorgan made some crypto funds available to retail wealth management clients.

markets.businessinsider.com/news/currencie…
Banks and brokerages were also forced to contend with the rise of the meme stock, defined by unusually bullish trading in companies that have been tagged as buys on Reddit forum WallStreetBets.

markets.businessinsider.com/news/stocks/wh…
Read 7 tweets
Nov 22, 2021
Got milk? For the past 50 years, Americans have been drinking milk less and less. Dairy farms are disappearing, and some farmers have ditched cows altogether.

How did we get here, and is this the end of the line for milk? 👇
Around 150 years ago, drinking milk was often dangerous. It was teeming with bacteria and quick to turn sour.

The invention of pasteurization and discovery of milk's nutritional value impacted its popularity, and demand surged during World War I.
businessinsider.com/rise-and-fall-…
After World War I, farmers were left with massive surpluses and little demand for milk.

So the USDA started "milk for health" campaigns, which promoted milk as the solution to undernourishment in children.
Graphic reading, "Expe...
Read 12 tweets

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