How to avoid The Great Resignation…

How to avoid The Great Resignation…

There is a huge amount to be said for a shifting in the balance of power from the employer to the employee. Covid genuinely brought home to so many people that whatever we had previously believed – there simply is more to life than work. That wonderful phrase, hard to top: nobody ever said they wanted this on their gravestone, “I wish I’d spent more time at the office”…

I’ve always tried quite hard to maintain several strings to my bow, and I do not consider them strings unless I am actually competent at them. Fitness helps enormously with depression – yet standing in front of a mirror doing repetitious biceps curls, is itself depressing. So, I very much believe the skill is in combining fitness with an activity that has a progressive and deep culture all of its own. This is fitness with a purpose; fitness with an outcome… Lots of professionals do physical sports, whether they be team sports or individual pursuits. I’ve done martial arts for several years, and believe me it’s said with pride not arrogance, that I can jump up spin round and kick higher than my own head height, at 54!! But… much more than this, and I believe with a far greater read across to my broader fields of Economics, business and politics, is Mountaineering. Trying to discern undulations in gradient change on a landscape, in a whiteout, requires the same type of instinct that an Economist would apply in understanding the integration of a new technology into a previous flat industry…

So how do we value the non monetary facets of our life? You don’t need to be an industrial psychologist to realise that it is likely to bring with it financial gains. A happier employee/ independent…is likely to be a more productive worker. A more productive worker is a more profitable worker. Combining these two is also likely to give you a more insightful worker. Stepping away from the coal face affords you mental clarity, and a bit of distance to gain a new perspective… This is not rocket science – even if you’re a rocket scientist! 😊

#economics #cpd #greatresignation #employeeengagement

Unknown's avatar

Author: Damian Merciar

Damian Merciar is Managing Director of Merciar Business Consulting, http://www.merciar.com, a niche business economics consultancy founded in 1998. He has over twenty years experience in the areas of commercial Business Strategy. He is experienced in the transition environments of nationalized to private sector state utilities and the senior practice of commercial management, advisorial consultancy, and implementation. He has carried out policy advisory work for government ministries and been an adviser to institutional bodies proposing changes to government. He holds an MSc Economics from the University of Surrey’s leading Economics department and an MBA from the University of Kent. Also attending the leading University in the Middle East, studying International Relations and Language, for which he won a competitive international scholarship, and has a BA (Hons) in Economic History and Political Economy from the University of Portsmouth. He is currently based in London.

Leave a comment