Yes and no imo.
Salarymen are realising that remote working and tele conferencing are viable alternatives to costly rentals near physical offices. Cost savings in money and time, able to hustle for multiple income streams.
On the flip side, the talent pool for employers also opened up drastically now that geography is a lesser concern, so salaryman has stiffer competition.
Poor wages and bad managers do contribute to resignations, especially in industries that require physical presence (F&B, construction, retail etc). However employees have stimulus checks and social welfare for support. YOLO quitting without a sustainable backup plan wouldn’t be a wise way to approach “the resignation wave”
So we gotta consider this is largely a US context and some factors aren’t too relatable in SG. If anything, the world is moving towards a digital economy, so best for salary man to pick up relevant skill sets
Yes and no imo.
Salarymen are realising that remote working and tele conferencing are viable alternatives to costly rentals near physical offices. Cost savings in money and time, able to hustle for multiple income streams.
On the flip side, the talent pool for employers also opened up drastically now that geography is a lesser concern, so salaryman has stiffer competition.
Poor wages and bad managers do contribute to resignations, especially in industries that require physical presence (F&B, construction, retail etc). However employees have stimulus checks and social welfare for support. YOLO quitting without a sustainable backup plan wouldn’t be a wise way to approach “the resignation wave”
So we gotta consider this is largely a US context and some factors aren’t too relatable in SG. If anything, the world is moving towards a digital economy, so best for salary man to pick up relevant skill sets