Talking Tuesdays with Fancy Quant

The Great Resignation Explained by a Quitter


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I quit (resigned) my job for a variety of reasons with one being an ultimatum to comply and leave. After leaving, the stress went away and I could see more clearly the rate race I was struck in beforehand. As I read articles online about the great resignation months before it seemed like people were quitting for more money and nicer teams. There was a casual sprinkling of different benefits like working from home. The real answer to this is that employees want more flexibility! Working from home has been great for many people. If you have kids you also understand the stress of trying to work and watching kids but as the country opens back up, working from home with kids at school or with a sitter seems much more practical. I can multi-task when times are slow and work more hours when times are busy. I can save hours of commuting by just signing up and jumping right into my work. Not to mention if you work in a big city, you can avoid the stressful driving with so many crazy people.

With so many people resigning, companies are also competing much harder for talent. Many of them are offering working from home, flexible hours, and better team culture. Those that are resigning need a break from the nose to the grind mentality and many are finding better opportunities with companies who care.

Pew Research:
https://www.pewresearch.org/fact-tank/2022/03/09/majority-of-workers-who-quit-a-job-in-2021-cite-low-pay-no-opportunities-for-advancement-feeling-disrespected/

Harvard Business Review:
https://hbr.org/2021/09/who-is-driving-the-great-resignation

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Talking Tuesdays with Fancy QuantBy Dimitri Bianco

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