The Great Resignation: What to do if You're Ready to Quit Your Job
You might have heard about the Great Resignation, also known as the Big Quit and the Great Reshuffle. This massive wave of people quitting their jobs and looking for something better or a different way of life is an ongoing economic trend in which employees have voluntarily resigned from their jobs en masse. And it all started at the beginning of 2021.
Statistics point towards the younger generations as the biggest resignation group, but they're not alone. According to Wikipedia, possible causes include wage stagnation amid the rising cost of living, long-lasting job dissatisfaction, safety concerns of the COVID-19 pandemic, and the desire to work for companies with better remote-working policies. An overall sense of dissatisfaction, a lack of purpose, and too little pay for shitty jobs make people want to explore new options. As a business and career coach, I've long seen this wave coming (it really didn’t start with the pandemic!), but everything accelerated with covid and the lockdowns.
This article is for people feeling the resignation itch and ready to quit jobs. It starts by briefly exploring the reasons why this resignation wave might be going on (without trying to be exhaustive as this is an incredibly complex socio-economic phenomenon) and continues by offering some tips and insights on how to best surf the wave and what to do if you're ready to quit your job.
What's wrong with work?
Work has been in crisis for a very long time. For the last decades, we've seen a slow and steady erosion of the social contract between employer and employee. In the past, companies offered workers stability and security for their loyalty and hard work. But now, that social contract has all but disappeared. Companies are no longer loyal to their employees – they're only interested in short-term profits. And as a result, employees have become increasingly disposable. If you don't like your job, or if you're not working hard enough, or if you're not making enough money, then there are a million other people who would gladly take your place. This is especially true during economic downturns when jobs are scarce, and competition for jobs is fierce.
In addition, the traditional career path – working your way up the ladder at one company until you retire – is no longer guaranteed. In today's economy, jobs are often temporary and insecure. And even if you have a secure job, there's no guarantee that it will be exciting or fulfilling. So it's no wonder that so many people are quitting their jobs. They're tired of being treated like commodities, and they're tired of work that isn't worthwhile.
The Great Resignation is also a response to the changing nature of work. We now live in a hyper-specialized world, where workers are expected to do a limited type of work. This is especially true in the knowledge economy, where workers are often nothing more than cogs in a machine. They're not allowed to use their creativity or their intelligence, and they're not given the opportunity to grow. This can be incredibly frustrating, (especially for creative generalists) and it's one of the main reasons many people quit their jobs.
What makes people want to quit?
As I mentioned before, there are many reasons why people might want to quit their jobs. But here are some of the most common ones:
#1 Lack of purpose
The first reason I see clients come to me for a career change is the lack of purpose that many people feel in their work. Jobs have become increasingly specialized, and while this has its advantages, it also means that people (particularly creative generalists or multi-passionate creatives) often spend their days doing things they don't care about or don't make them feel good. This can be incredibly frustrating and is one of the main reasons people are looking for something new.
#2 Low pay (for shitty jobs)
The second reason I see clients being dissatisfied is that many jobs don't pay enough. This has always been a problem, but it's becoming more and more acute as the cost of living continues to rise while wages remain stagnant. Add to this that many low-paying jobs are among the shittiest, and you've got a resignation wave waiting to happen.
#3 Boring and unfulfilling jobs
The third reason clients tell me they want to change careers is because they are dissatisfied with their jobs. Part of this is due to the reasons I've already mentioned, but it's also because we're becoming increasingly aware of the options out there. With the internet and social media, it's easier than ever to see what other people are doing with their lives, and this can often make our own lives seem small, boring, and unfulfilling by comparison.
#4 Lack of challenges and inspiration
The fourth reason I see clients change careers (or start a business of their own) is that they feel they're not being challenged enough at work. They're only allowed to bring a small part of their talents to work, but nothing else. Especially for (multi-passionate) creatives and entrepreneurs, this can be challenging. They want to be able to create, experiment and play, but their jobs often don't allow it.
#5 Toxic environments and being squeezed like lemons
The fifth most common reason I see people resign and change careers is when they're faced with toxic environments or are under such pressure to perform that they're being squeezed like lemons. Unfortunately, this is becoming increasingly common as organizations try to do more with less, and employees are expected to pick up the slack. This often leads to a toxic work environment, where people are constantly stressed and overworked.
These are just a few reasons people come to me for career or business coaching. If you're feeling ready to quit your job, my advice is to explore all of your options and find something that genuinely makes you happy.
So what can you do if you're ready to quit your job?
First of all, don't panic. This is a big decision, and you should not take it lightly. If you're thinking about quitting your job, it's essential to take the time to reflect on your decision. What are your motivations for wanting to leave? What are your goals? What are your alternatives? Once you've thought through these questions, you'll be in a better position to make a decision.
If you're sure quitting your job is the right decision, the next step is to start planning your exit strategy. It doesn't mean that you have to leave tomorrow, but it does mean that you need to start thinking about how you're going to transition out of your current job. Are you going to give notice? Are you going to start looking for a new job first? Are you going to freelance or become self-employed? There are many options, and the best way forward will depend on your circumstances.
The most important thing is to make sure that you have a plan. Once you have a plan, quitting your job will be much easier (and less stressful). So take the time to think through your decision, find support (hey, hello, I can help!), and develop a plan that will work for you.
Quitting your job is a big decision, but it can be incredibly liberating. With careful planning and a bit of courage, you can leap and start living the life you want to live! If you're unhappy with your current situation, don't be afraid to explore your options and make a change.
I know because I see and help people do it every day!
Feeling stuck in your career?
You're not the only one. A lot of people are unhappy in their jobs, but they don't know what to do about it. That's where we come in! I'm a certified career coach, and I can help you figure out what you want to do and how to get there.
I'll help you find a job that makes you happy, and give you the tools you need to succeed. I've helped hundreds of people make a change for the better, and I know I can help you too.
