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    Nicole Parsons (npars01@mstdn.social)'s status on Saturday, 06-Jul-2024 16:01:18 JSTNicole ParsonsNicole Parsons
    in reply to
    • i_give_u_worms

    @i_give_u_worms @CassandraVert

    In the USA, health insurance chained workers to jobs they hated.

    Health benefits functions as a mechanism to suppress wage growth.

    During the Great Resignation, many serfs were freed from these manacles and signed up for the ACA which allows workers to move to better paying jobs.

    It allows job mobility & rising wage demands.

    No wonder Republican megadonors hate the ACA.
    https://hbr.org/2022/03/the-great-resignation-didnt-start-with-the-pandemic
    https://en.m.wikipedia.org/wiki/Great_Resignation
    https://www.investopedia.com/the-great-resignation-5199074

    In conversationabout 5 months ago from mstdn.socialpermalink

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    2. Domain not in remote thumbnail source whitelist: hbr.org
      The Great Resignation Didn’t Start with the Pandemic
      from @harvardbiz
      Covid-19 spurred on the Great Resignation of 2021, during which record numbers of employees voluntarily quit their jobs. But what we are living through is not just short-term turbulence provoked by the pandemic. Instead, it’s the continuation of a trend of rising quit rates that began more than a decade ago. Five main factors are at play in this trend: retirement, relocation, reconsideration, reshuffling, and reluctance. All of these factors, the authors argue, are here to stay. They explore each in turn and encourage leaders to examine which of them are contributing most to turnover in their organizations, so that they can adapt appropriately as they move into the future.
    3. Domain not in remote thumbnail source whitelist: upload.wikimedia.org
      Great Resignation
      The Great Resignation, also known as the Big Quit and the Great Reshuffle, was a mainly American economic trend in which employees voluntarily resigned from their jobs en masse, beginning in early 2021 during the COVID-19 pandemic. Among the most cited reasons for resigning included wage stagnation amid rising cost of living, limited opportunities for career advancement, hostile work environments, lack of benefits, inflexible remote-work policies, and long-lasting job dissatisfaction. Most likely to quit were workers in hospitality, healthcare, and education. In addition, many of the resigning workers were retiring Baby Boomers, who are one of the largest demographic cohorts in the United States. Some economists have described the Great Resignation as akin to a general strike, especially with regards to retail workers. However, workforce participation in some regions had returned to or even exceeded the pre-pandemic rate. This suggests that instead of remaining out of the workforce for extended periods (which can be financially difficult, especially at a time of high inflation), many workers were simply swapping jobs...

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