The Bayard Brief: Labor Market Insights — September 2022

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Bayard's Senior VP of Strategy, Eric Holwell, puts a positive spin on The Great Resignation.

  • 04.22.2022

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  • Worklife

Just on the heels of the pandemic, workers are shifting jobs and careers and redefining what their career success looks like. Eric Holwell, Bayard’s Senior VP of Strategy, emphasizes that because of post-pandemic culture shifts, now may be the best time for change.

“[T]his is the best time to do so as many companies and industries are constantly hiring to fill open positions,” said Eric Holwell, senior vp of strategy at Bayard Advertising, a talent acquisition firm. Plus, the mass resignations have put employers on the back foot and employees squarely “in the driver’s seat” when looking for new openings, he added.

“Many employees are…concerned about high inflation rates and if their salary matches the current market,” said Bayard’s Holwell, highlighting the role wages play in evaluating career changes. “This is another aspect to consider [about changing careers], especially if you are not being compensated enough for the work you do and want a more competitive or above-market salary.”

To read the full article, visit Worklife.