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The Great Resignation Explained Through Data: How Businesses Can Thrive

Source | | Brad Anderson

It’s becoming increasingly well documented that knowledge workers across the country are leaving their jobs. For some, it’s a case of plain old burnout, while for others, it’s a matter of re-prioritizing.

In March 2021, Microsoft’s Work Trend Index report found 41% of workers globally thought about quitting their jobs. In addition, 54% of the people surveyed stated they are overworked, while 39% said they are exhausted.

Indeed’s findings back this data up: “urgent” hiring needs are up 50% since the start of the year. Larger trend data from the U.S. government also show there are not enough workers to fill open roles across the economy.

Enterprises across the country are struggling to hire right now and are finding that workers’ expectations are shifting. Referred to as the “Great Resignation,” this shortage of workers poses unique challenges to businesses and may transform the way our society functions moving forward. 

Braintrust findings: A worker’s market

Braintrust, a user-owned talent network, did a recent study exploring how the needs of knowledge workers line up with open roles across the country. They analyzed open job positions at over 600 of the biggest brands and well-known businesses in the U.S.

The report looked at over 150,000 open knowledge worker roles. It shows a median of 66 open roles per business. 6% of businesses need to hire more than 1,000 workers.

A closer look into the situation finds that technical roles are in especially high demand. Nearly 1 in 3 technical roles currently need to be filled at businesses across the country.

Competition for knowledge roles and specifically technical ones is high. So, it’s important for your business to stand out as an employer for the knowledge workers you already employ. But, you must also understand how to attract the new employees your growing business will need in the future.

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