Opinion of course but I think about it in 2 ways, 1 - it's generational and 2- directly pandemic related
1- I think from Gen X to Boomers they truly valued loyalty. Also, with a good % of Boomers not attending college, they were dedicated to their careers more, as that was what fed their families, they also were not seeing posts for new positions left and right or getting direct emails at that time from recruiters promising the world, which again led to more loyalty and longevity. Now, I think as we progress further on - millennials started to understand their worth a bit more. They started at higher salaries then their parents, and they had higher educations then some of their parents (not all of course). Consider the fact that the entrepreneurship is happening at younger ages today (high school sometimes) and social media is paying people hand over foot to just post selfies with brands due to the number of followers they have, and bonus minimum wage is up to $15+ and that pulls in this major level of confidence. Confidence that says if Company A mistreats me, or under pays, or devalues me, then I'll look for a Company B or it will come find me through an email or social media message. Also, employers today are offering more and more benefits and hiring more recruiting companies to vet for cultural fits, todays game has just completely changed.
Now part 2 of all of this- We had a pandemic. Everyone was stuck inside, we all worried about our families, friends, health. It made us all truly think about what we are doing with our lives today. Are their needs we are not meeting for our families, are their needs we are not meeting for ourselves. The job market suffered due to illness and lack of demand at this time. Then BOOM the job market picks back up and recruiters are running over time to find people to fit the bill. Incentivizing, investigating, improving upon others current situations. All the while people are soul searching because they now have time to slow down and do it.
Mrs. Smith used to work in finance, now she's teaching dance class because she thought about it, and wanted to do something she was actually passionate about while she has time to do it.
I did find myself in similar situation where I considered going back for my masters degree, possible doctorate for psychology.
That's my theory. Am so interested to hear others! :)
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