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Employers Have Regained Power — And Are Using It To Cut Benefits, Flexibility, And Morale
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Employers Have Regained Power — And Are Using It To Cut Benefits, Flexibility, And Morale
Employers have regained their power over employees, and the effects are already showing up. During the peak of the Great Resignation in November 2021, 4.5 million workers left their jobs voluntarily. As of last month, that number was about 3 million as employees hesitated to quit at a time when job searches can drag on for months. Workers’ optimism for finding a job is lower today than during the pandemic in 2020, according to a report by the F…
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