After much hyped global Great resignation, do you feel it has affected India also? If so, how and to what extent? Is it limited to tech talent or spread to all sectors?
SB When Dr Anthony Klotz, Professor at Texas A&M, first used the phrase “the Great Resignation is coming”, probably even he might not have anticipated the prophetic accuracy of the statement. Five months down the line, US recorded an unprecedented attrition of 68.7 million people; between November 2020 and November 2021. The term ‘Great Resignation’ soon gained traction!
Primarily it refers to the large scale mass attrition which happened in the US and other developed countries; on account of changing priorities triggered by the pandemic. It alludes to the disproportionately large number of resignations which were triggered not on account of usual factors like professional advancement, but by the recognition and reprioritisation of factors like family time, remote work, commuting, passions beyond work, well-being and their importance in...