This piece in Wired is a must read: The Great Resignation is here and no one is prepared.
Companies that have used the last 18 months to re-engineer their workplaces and in the process have become location independent, are now sucking up talent from those that want to go back to “normal” ie requiring daily commutes and presence in an office in a specific location.
We are quite literally in the middle of the largest talent redistribution event in modern history.
The formal economy has literally split in two, made up of those leadership teams that have achieved office escape velocity and those that haven’t.
From the piece:
“Retention is the new fight for bosses, and it’s one that’s being waged digitally. “You have to support your staff and make them feel valued,” explains Greg Keller, chief technology officer at cloud-based IT platform JumpCloud. “If you don’t, you’re not just competing with every company in commuting distance to retain that employee, you have to compete with potentially every company in the world.”