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What is 2021 Great Resignation

Real-World Solutions for Diversity, Strategic Change, and Organizational Development: Perspectives in Healthcare, Education, Business, and Technology
The Great Resignation refers to a trend that emerged in 2021 where a significant number of workers across various industries and job sectors in the United States and other countries chose to quit their jobs, often without having a new job lined up. This trend was driven by various factors, including burnout and stress from the COVID-19 pandemic, a desire for better work-life balance, and a reassessment of career priorities and goals. The term “Great Resignation” was coined to describe this widespread wave of resignations, which has been described as the largest turnover in the labor market in several years.
Published in Chapter:
Revolutionizing Training: The Power of Experiential Learning and Technology for Retaining Skilled Workers
Sharon L. Burton (Capitol Technology University, USA) and Dustin I. Bessette (Mt. Hood Community College, USA)
DOI: 10.4018/978-1-6684-8691-7.ch018
Abstract
Experiential learning is a powerful tool for cultivating autonomous learners and promoting meaningful knowledge and skill transfer to the workplace. This approach to learning became effective when incorporated into organizational training programs, as it boosted learners' willingness to learn and helped to reduce worker turnover. In the wake of the 2021 Great Resignation, in which millions of Americans left their jobs, organizations must embrace evolving forms of instruction and guidance to retain their workers and remain competitive. Organizations spend upwards of $1252 per worker on training. When such organizations miscarry or are unsuccessful in training workers, these workers leave to find different work. This chapter provides an agenda for organizations seeking to implement experiential learning, including peer-group learning, and mentoring. By leveraging these tools, organizations can reap the benefits of experiential learning and ensure that their workers have the skills and knowledge they need to thrive in the ever-changing business landscape.
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