Back in 1982, the English punk rock band The Clash released an iconic song called, “Should I Stay, or Should I Go?” The fast beat and memorable refrain from this tune still gets quite a bit of airplay on the radio and remains a pop culture hit. Of course, the lyrics of the song had everything to do with a romantic relationship, but the words also draw some parallels with the current state of our employee vs. employer dilemma.
“Well, come on and let me know…should I stay or should I go?
So, what’s the parallel? In case you haven’t noticed, a great resignation is underway across the U.S. And it’s been happening over the past few months. Earlier this year in April, the U.S. Department of Labor reported a record four million people—almost 3% of the workforce, resigned from their current positions. It was one of the highest level of resignations in a one-month period ever recorded. Their reasons for doing so are plentiful but coalesce around a common theme. Many people in the workforce are simply fed up—and unwilling to take it anymore. Here are some of the root causes:
Covid Downtime
We’ve been living under the pandemic for a year and a half now. The very intersection of industry and commerce was disrupted. And with the various levels of lockdowns and shelter-in-place orders, a great deal of employees found themselves suddenly working from home. Productivity didn’t fall off—in fact, in many cases, it improved. Consequently, many workers decided they liked working from home. No commute and more time with family? A great deal of these employees decided they have no desire to return to the office.
A Time of Reflection
During the altered state of remote work and the requisite amount of isolation, many people took this interlude as a time of reflection. In taking stock of their current situation, they began to question everything. Am I really happy? Is this what I want to do for the rest of my career? What are my alternatives? What is it that I really want to do? What would make me happier in life?
Underappreciation
It appears that a great deal of the workforce also began a retrospective review of their careers. In realizing and taking note of their value and self-worth, a lot of folks looked back and realized they had been giving much more than they were getting in return. And who benefitted? For a lot of people, it was an eye-opening experience.
It seems that the common denominator of the great resignation is a healthier work/life balance. It’s something that we discuss with each and every client of FranNet of DFW and Oklahoma. For those unhappy with Corporate America, finding a new business opportunity through franchise ownership is the answer. The idea of owning something of your own—where your hard work doesn’t go to the benefit of others—can become quite appealing. You may not be an official member of the great resignation just yet, but if you’ve experienced the same feelings, hopes, and desires expressed above, we can help you explore your alternatives. Which brings us back to that song again. Here’s the final verse:
“Should I stay or should I go now? If I go there will be trouble. And if I stay it will be double.”
If you’re to the point of questioning whether you should stay, or go, maybe it’s time to make a no-cost, no-obligation meeting with FranNet of DFW and Oklahoma. With business concepts that come in all shapes and sizes, we can help you investigate a franchise that perfectly aligns with your lifestyle and financial goals.