The Great Resignation is upon us

Software King of the World Microsoft is warning that we are in the times it calls the “Great Resignation” which is set to hammer the channel.

Vole has asked more than 30,000 people and found that more than 40 percent of people are considering leaving their employer this year. If you compare this to last year four million people, or 2.8 percent of the workforce, resigned.

For some workers, the pandemic precipitated a shift in priorities, encouraging them to pursue a ‘dream job’, or transition to being a stay-at-home parent. But for many, many others, the decision to leave came because of the way their employer treated them during the pandemic.  Workers stayed at companies that offered support and left those that didn’t.

A recent Stanford study showed many of these companies with bad environments doubled down on decisions that didn’t support workers, such as layoffs, while, conversely, companies that had good culture tended to treat employees well. This drove out already disgruntled workers who survived the layoffs but could plainly see they were working in unsupportive environments.

What many channel players might be seeing is that the pandemic added an entirely new dimension and increased willingness to act on things that just bugged them before.

In some ways the Channel can do well, while companies might find themselves losing staff they might find increased demand for the products they sell such as as-as-service platforms that in many cases are an alternative to traditional managed services as other companies also face the same problem.