|You may have heard about the ‘Great Resignation’ sweeping the US, but what does it mean for Australia? Coined by Anthony Klotz, an associate professor at Texas A&M University, the term evolved in late 2020 in response to millions of workers in the US suffering burnout, re-evaluating work-life balance in light of the pandemic and quitting their jobs.
But is the phenomenon headed down under? With our international borders shut for more than 18 months, we have been stripped of skilled migrants and working holidaymakers in the labour market. Gripped with a major skills shortage, for the first time in a long time, the local talent now has the upper hand – and they are demanding change.