Despite a brightening economic horizon, there's still big trouble brewing in corporate America. COVID-19-related layoffs are still fresh in employees' memories, workers are still feeling burnt out by the pressure to perform under stressful circumstances that ran through 2020 and early 2021, and there's a fresh demand for talent to fuel the hastening economic recovery.
Unsurprisingly, this level of burnout and decline in mental health coupled with a rebounding economy and fruitful job market has contributed to a dramatic increase in resignations—a record 4 million people quit their jobs in April 2021 alone, in an exodus that is being called "The Great Resignation." Employees have options, and if they aren't seeing their needs addressed by their current organization, they're likely to look for opportunities elsewhere.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.