“Great resignation” wave coming for companies

What's happening: Workers have had more than a year to reconsider work-life balance or career paths, and as the world opens back up, many of them will give their two weeks' notice and make those changes they've been dreaming about. Surveys show anywhere from 25% to upwards of 40% of workers are thinking about quitting their jobs. University of Michigan economist Betsey Stevenson tells Axios, "People have had a little more space to ask themselves, 'Is this really what I want to be doing?'" So some are deciding they want to work fewer hours or with more flexibility to create more time for family or hobbies. An insurance broker and her restaurant manager husband both left their jobs to start a landscaping company because they realized during the pandemic that they wanted to spend more time outside. Some are quitting because their bosses won't let them work from home post-pandemic. Human resources may be able to retain some workers by offering as much flexibility as possible, says Cathy Moy, chief people officer at BDO USA, a financial services company. "Hopefully we'll see a lot more people in 2022 employed and stable because they're in jobs they actually like," she says.