• Why Is Work Not Working For Millions of Americans?

  • Jan 12 2022
  • Length: 7 mins
  • Podcast

Why Is Work Not Working For Millions of Americans?

  • Summary

  • Please visit the sponsor of tonight's show at www.pair.com/free.

    My mistakes are not edited out of this podcast, because they remind me I am human. So many people want everything to be perfect, that is not the place where I choose to live and I am happy!

    00:12

    Good evening and welcome to my humble podcast abode! I am Cocoa Griot an enthusiastic fifty-something who is delighted to talk to you about life, love, and a smattering of other topics. I feel very confident when I share information about topics I am very familiar with on this show. Tonight’s topic is a little different for me because I love my job! Many of you know I work as a professional mentor and I absolutely feel like it is purpose-driven work. I don’t just make a living, I make a difference! I know I am one of the lucky ones when it comes to the work I am blessed to do. Something very interesting happened during the pandemic and many people have separated themselves from employment. This phenomenon is known as the Great Resignation. I decided to check out what the experts are saying caused the Great Resignation. Tonight I am going to share three main reasons some experts say that work is not working for millions of Americans.

    01:19

    According to Dave Ramsey, one reason people quit their jobs was that the pandemic caused a philosophical reset. People literally realized that life was too short to spend it doing something they did not enjoy. Let's think about how work changed for so many people. There were layoffs, furloughs, working from home hybrid models of work, and the list goes on and on when it comes to the district disruption of the hamster wheel many of us lived on for years. the past gave some individuals time to rethink what work meant to them. After some of us thought deeply about our work. We let it go. Yep, pulled up an Elsa moment right out of the hat. In September 2021 Alone 4.4 million individuals quit their jobs. That is a staggering number. And it's hard to comprehend that many people just said I quit. The reality is that in the first seven months of 2021 25 million Americans separated themselves from their employer. It made me think about this quote. " Never be afraid to try something new. Remember, amateurs built the ark and professionals build the Titanic Titanic. Okay, I cannot talk tonight.

    02:27

    Beyond the philosophical reasons, there are other reasons people quit their jobs. Andrew Flowers, a labor economist, offers insight as to why some workers are quitting their jobs and it really boils down to money matters. Mr. Flowers compared the wages of job switchers and people who remained in jobs. Interestingly enough he noted there was significant earnings for people who chose to switch jobs. The fact is that many companies realize that in this current economy wages have to increase to attract and hire new employees. Mr. Flowers stated that companies have to start looking at their salary scales more frequently than on an annual basis in order to stay competitive in the job hiring sphere. Evidence of this is all around in my community. When I saw pizza chains offering $3,000 sign-on bonuses I was shocked!

    Before I reveal the final reason some experts are saying work isn’t working for millions of Americans, I want to share a word from tonight's exciting sponsor of this episode.

    03:31

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