"So the ‘Great Resignation’ comes down to you know, record-breaking highs when it comes to, you know, people choosing to resign from work here at Randstand, we've been calling it more of like a ‘Great Rotation,’ because it's not like they're resigning, and technically going straight on to unemployment, or not working, but they're moving into a different role because of the options that they have.
"Our unemployment rate has actually increased to where we're at a rate of 5.5% compared to 4.6 nationally," Migliozzi said. Part of this could be due to the after-effects of the coronavirus pandemic. "The biggest things that we're talking about comes down to salary, of course, you've seen quite an increase across the board when it comes to wage and compensation," he said. "And then also trying to talk through, you know, things that make sense from a hybrid structure. You know, giving them a little bit of, you know, what they want, if it is work from home, and if they want to be in the office from that aspect.
Though these conversations may often be difficult for employers to come to terms with, Migliozzi says ultimately it's about making workers feel comfortable, so they can be their most efficient.
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