It's well-documented that Covid-19 altered the employee experience in every industry. Focus shifted from the aspirational aspects of work—like getting ahead and career fulfillment—to basic needs like mental health, safety, security, belonging, financial planning, and wellness. High turnover rates signal that employees are searching for a workplace which meets these fundamental needs.
Some say this isn't a Great Resignation, but a Great Reprioritization. Nevertheless, traditional office-based functions are seeing annualized turnover rates in the range of 10 to 15 percent, and front-line roles report up to 80 to 140 percent annualized attrition rates, according to Gartner.
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