Experts say there are signs omicron is about to set off new waves of workers quitting their jobs in what's been called 'The Great Resignation.'
As the pandemic caused many to lose their jobs -- or reconsider the ones they have -- workers are reprioritizing what's important in their careers.
"You cannot make 100 percent of your people happy, is what we're seeing in the data, and so I think this will spark a second wave of the Great Resignation as individuals come to terms with the fact that they have a preference that is not fully aligned with the path their employer has chosen," said Kathryn Minshew, CEO of The Muse.counsels job seekers. As job vacancies grow, employers are revising their hiring requirements to fill them.
"You know what? If you have the base skills, and you have the desire to learn, come on in, and we'll train you," Minshew said. That opens a door to service workers who might not have skills in other fields. While there's risk in quitting a job, demand for workers is also raising pay."Folks will have higher demands at the negotiation table," said Joint Venture's Hancock."Cost of living adjustments will have to be made. Those are always, of course, passed on to the consumer and to the customer, and so we're entering a spiral.
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