Klotz expects that a flexible working culture will lead to better work-life balance and improved mental health for employees. Managers that blame external factors for turnover – whether it be government leadership, the pandemic, unemployment benefits or other reasons – and refuse to offer flexible work arrangements will be the 'losers who struggle in the wake of the Great Resignation,' Klotz adds. 'Leaders are starting to ask, 'How can we give people more power over their schedules? How can we be more flexible?'' he says. More companies will embrace this change to attract and retain talent, Klotz argues. The freedom to work from anywhere has become the most sought-after benefit during the pandemic – so much so that people value flexibility as much as a 10% pay raise, according to new research from the WFH Research Project. 'This is a moment of empowerment for workers, one that will continue well into the new year.'īelow, Klotz shares his three predictions for what work will look like in 2022: The Great Resignation will slow down

'It's not just about getting another job, or leaving the workforce, it's about taking control of your work and personal life, and making a big decision – resigning – to accomplish that,' he tells CNBC Make It. The Great Resignation has inspired other terms to describe the work revolution we're witnessing, including 'The Great Reimagination,' 'The Great Reset' and 'The Great Realization.' These narratives explain how we're re-examining the role of work in our lives, but miss the broader consequences of this quitting wave, and what it means for the individual worker, Klotz argues. In November, a record 4.5 million workers left their jobs, according to the Labor Department's latest Job Openings and Labor Turnover report.

But he never predicted what would happen next: The Great Resignation has continued to dominate headlines and stun business leaders as turnover reaches new highs.

1100 words you need to know week 22