Your best employee knocks on your door and hands you their resignation letter. What’s your first move? Conventional wisdom says that bigger paychecks and better perks are the way to an employee’s heart. But six months later, you may hear another knock—and in they’ll walk, waving a similar letter.
In 2021 and 2022, workers have been quitting their jobs in droves, sometimes without even having another job lined up. The number is particularly pernicious amongst mid-career employees, 30- to 45-year-olds, where the average resignation rate was 20% higher in 2021 than it was in 2020.
