“When you identify a statistical trend large enough to garner its own label like the ‘Great Resignation,’ it is likely that there is more than one contributing factor,” says Eric M. Bailey, president of Phoenix-based business consulting firm Bailey Strategic Innovation Group, pointing out that we are approximately two years into a global health crisis that has caused tremendous uncertainty, stress and anxiety — and disruption at all levels. “Over the last couple of years, we have produced some of the highest unemployment numbers in history while at the same unseating John D. Rockefeller as the richest American in history. This vastly different experience between front line essential workers and six, seven, eight, or even nine-figure executives has moved from the unspoken shadows to the forefront of conversations.”
