money Tech exec: Workers are 'taking advantage of the new flexibility'
The pandemic opened up possibilities that employees before didn't consider, according to one technology executive, and that's helping them to rethink their work choices.
"You're seeing people who've learned their agility and are now taking advantage of the new flexibility of work to make new choices," Sukhinder Singh Cassidy, tech entrepreneur and author of "Choose Possibility," recently told Yahoo Finance (video above). "One of the big choices people make right now is the great resignation, the other is negotiating for the kind of hybrid environments they want to work in."
Her insight comes after the highest quit rates were recorded in the spring.
The rate of workers voluntarily leaving their jobs — a sign of workers' confidence — was 2.7% in June, slightly lower than its all-time high of 2.8% in April. That level is well above the pandemic-era low of 1.6% in April 2020.
Many workers are also looking for more flexibility in their current or new jobs.
Among those who worked remotely during the pandemic, 65% of people said they want to be full-time remote employees post-pandemic, while 31% would like a hybrid work environment, according to a survey of 4,000 remote workers by Flex Job.
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While many workers are quitting or negotiating flexible work schedule because they have rethought their work during the pandemic, others are making these riskier decisions because of the ongoing challenges during the pandemic.
"We have to acknowledge there are some people who are still taking risks just to survive the pandemic," Singh Cassidy said. "They continue to make choices as the Delta variant extends this past where we'd all like it to be."
Denitsa is a writer for Yahoo Finance and Cashay, a new personal finance website. Follow her on Twitter @denitsa_tsekova
