greatresignation
Ever since the onslaught of the pandemic, workers across several industries have been quitting their jobs in record numbers in search of an improved work-life balance, better pay, and more inclusive and healthier company culture. Q4 2022 hedge fund letters, conferences and more Earlier in the year, analysts estimated nonfarm payrolls for the month of January to come in at 187,000, only to be dumbfounded, as employers added more than 517,000 new jobs for the month. The national unemployment rate fell to 3.4%, the lowest in more than six decades. Despite the positive intake of nonfarm payrolls i...
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With consumers besieged by high inflation, soaring gas prices and rising interest rates, more businesses may start feeling the brunt of these economic pressures, which makes getting the best results they want out of their employees as important as ever. But how can leaders hold their teams accountable in ways that drive performance without driving people away? After all, during the Great Resignation, droves of people left their jobs because they were unhappy with leadership and the work culture. Q1 2022 hedge fund letters, conferences and more “The cultural mindset around accountability is fre...
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The Great Resignation in the U.S. continued in February as 4.5 million workers quit their jobs last month, as reported by the Bureau of Labor Statistics on Tuesday. With the phenomenon still looming, there are 5 million more job openings than unemployed individuals in the country. Quitting Phenomenon PersistsAs reported by CNBC, the gap between available jobs and unemployed people increased overall. In February, the number of openings dropped slightly from January to 11.27 million while the number of those categorized as “unemployed” hit 6.27 million, leaving 5 million more vacant positions th...
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The rate of Americans resigning from their jobs continues to soar; coined the ‘Great Resignation.’ Record numbers of workers are quitting their jobs, although this trend is not affecting all sectors equally. According to the Bureau of Labor Statistics, a record high of 4.5 million Americans resigned from their jobs in November 2021. Q4 2021 hedge fund letters, conferences and more The disparity between sectors is evident in these latest figures. For example, approximately 6.9% of food and accommodation sector workers quit, yet the finance sector only saw 1.7% of its workers walking off the job...
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People are leaving traditional jobs in droves according to the latest figures from the U.S Bureau of Labor Statistics, which showed a record breaking 4.5 Million resignations as of Nov 2021. Q4 2021 hedge fund letters, conferences and more The Great ResignationThe trend has originated a movement on Reddit similar to r/wallstreetbets called r/antiwork where more than 1.7 Million active members share resignation stories, discuss unfair work practices, criticize their bosses, and advocate for employee rights and better work conditions. We applied SESAMm’s AI and Natural Language Processing (NLP) ...
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Much of the progress and promises emerging as the crisis-era becomes the recovery-era seem to be a double edged sword. Such is the nature, presumably, of a real recovery. But across the supply chain sector in particular, that effect seems to be in full form. Q3 2021 hedge fund letters, conferences and more In early November, the Conference Board released their global outlook for economic growth in the coming year. Their numbers, traditionally very well trusted, put the next year of progress at a higher rate than average; they’re forecasting a global growth rate of 3.9%. The US, specifically, i...
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Companies the world over are going through a phenomenon dubbed ‘the great resignation.’ It is a trend of large swaths of employees leaving that kicked off during COVID-19. Many people reevaluated their situations, priorities, and lives due to the pandemic. Q3 2021 hedge fund letters, conferences and more With the job market hotter than ever, others chose to seek out new opportunities while they were available. Workers have never been in a better bargaining position than now as employers struggle to find people with the skills needed to get the job done. According to the World Economic Forum, 4...
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AIMA has just published new research exploring where hedge funds are sourcing talent and the steps taken to retain employees during the so-called ’Great Resignation’ and what roles (such as ESG specialists) will be most in demand in near future. Asked what they are doing to help develop talent in a remote working environment, the most popular answer given by hedge funds was regular online meetings (78%), followed by webinars and online seminars (50%) and coaching – both external and internal — (44%). Q3 2021 hedge fund letters, conferences and more IntroductionMany column inches have been dedi...
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The COVID-19 pandemic has accelerated a lot of trends, including the trend of people quitting their jobs. Q3 2021 hedge fund letters, conferences and more The Bureau of Labor Statistics reports that nearly four million Americans quit their jobs in July—for the fourth month in a row. In the same month, job openings rose to a record high. According to a Microsoft survey released in June, 41% of US workers were considering resigning. Pundits are calling it “The Great Resignation.” This should be a very loud wakeup call for business leaders. The biggest cost to any organization is trying to replac...
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Jenn Lim leads Delivering Happiness, a consultancy she co-founded in 2010, and is the author of Beyond Happiness: How Authentic Leaders Prioritize Purpose and People for Growth and Impact, Grand Central Publishing, October 2021. Q2 2021 hedge fund letters, conferences and more 2020 introduced the greatest challenge we have faced collectively in our lifetime. The New American DreamThe devastation of a pandemic, climate change, and social unrest—globally—impacted our economy, livelihood, and everyone we know. As a result, people started asking tough questions to prioritize what’s most important ...
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