Great resignation: 4 actions to counter this corporate phenomenon

More and more, in Italy, there is talk of the phenomenon of large resignations: what it is and how to counter it

Once upon a time ... there was a steady job , an ambition that has influenced the choices of entire generations for decades: but something has changed.

The traditional work structure, highly hierarchical and based on performance and productivity, has started to creak and today, after two years of pandemic, we are witnessing a transformation that shakes it to its foundations.

Big resignations: where did they come from?

The phenomenon of the great resignation originated beyond the Atlantic Ocean and is also known as "Big Quit" or "Great Resignation.. In essence, this is an unprecedented wave of workers resigning. In 2021 there were 25 million of which 4.5 in November alone. a much shorter range, this phenomenon has also arrived in Italy.

Only in the second quarter of 2021 the boom was 85% , while in the third the average was 26.7%. There are two main theories:

• a concrete answer to the months of the pandemic ;
• a substantial or by now unstoppable change in working paradigms..

In Smartpeg , a leading company in the Human Resource Management sector, thanks to its consulting services and use of dedicated tools is able to help companies retain their talents.

According to data reported by the US Bureau Of Labor Statistics , in the United States alone in July 2021 as many as 4 million people gave their resignations. In the previous months, however, there was a constant growth (April 2021 the maximum period) of people who have decided to leave their jobs.

At the same time, a research carried out by the Harvard Business Review , on 9 million workers of about 4,000 companies, revealed two elements:

• Most of the resigned resources are between the ages of 30 and 45 ;
• the number of resignations of the youngest resources has increased, but not as significant compared to the other group considered.

The great resignations in Italy

According to the 5th Censis-Eudaimon Report on corporate welfare (released in March 2022), in Italy the phenomenon of large resignations is not as widespread as abroad.

In fact, 56.2% of employed people do not think at all about quitting their jobs, in the belief that they would not find a better job than the current one.

A longer-term trend of growth in resignations is therefore confirmed, linked to the increase in the precariousness of employment relationships. Among Italian workers, pragmatism wins over the temptation of Great Resignation , that is, resigning in the dark in search of a more rewarding job or to do other things. Still, among Italian workers, the idea of ​​finding themselves mired in the precariousness of the labor market is more frightening.

This, however, does not at all mean that Italian workers are satisfied:

• 82.3% (86% among young people and 88.8% among blue-collar workers) feel dissatisfied with their occupation , considering to deserve more;
• 58,1% of workers believe they are receiving inadequate remuneration for their work. A perception confirmed by official statistics: in the last twenty years, in fact, the average annual gross salary in Italy has been reduced by 3.6% in real terms (net of inflation), while in Germany they have increased by 17.9 % and 17.5% in France.