Is the Great Resignation affecting tech companies?
Itโs not your imagination, โThe Great Resignationโ is here and in full effect. A search using Google Trends revealed how popular this search query is right now compared to January 2004. Itโs not pretty.
Are you wondering where Americans are quitting most? This chart is a clue based on Google searches for โGreat Resignationโ.
Iโve read a few articles about how this โBig Quitโ movement has mainly affected the hospitality and tourism industries, but not technology businesses as much. Thatโs not what Iโve heard speaking to industry leaders, so I conducted a week-long poll in the Software as a Service SaaS Group on LinkedIn to test the waters.
Of course, this is an unscientific poll, but itโs a good way to get a feel for how things are going in the industry that Futureforth serves - fast-growing technology companies.
Forty-one people voted in my informal poll and the results are in. Forty-nine percent said more people have been quitting, 24% said some people have quit, and 27% said the โGreat Resignationโ hasnโt affected them (yet).
Itโs the 49% number that should be most worrying.
If you are seeing employees leave your organization, I recommend reading How to stop employee turnover at tech companies.