Prepare For The Big Quit with Jack Wiley and Ed Fulbright on Mastering Your Money Radio
Jack Wiley
The labor shortage is getting even worse for many small businesses, and the Covid-19 Delta variant is only adding to their troubles. Two-thirds of business owners reported having a “very difficult’ time finding the right employees to fill open roles, up from 59% in August and from 50% in July, according to a survey of 4,079 small-business owners by small business network Alignable.
Another 21% found hiring “somewhat difficult,” while 7% said it was slightly difficult. Only 6% said hiring was not difficult or it’s easier than it was before.
The survey, conducted from Aug. 15 to Sept. 13,
America is experiencing The Big Quit. Four million workers left their jobs in April 2021 according to the Bureau of Labor Statistics, a historical record. Perhaps even more concerning, one out of four workers plan to look for a new job post pandemic, according to a Prudential study. A major contributing factor is an epidemic of poor management—70 percent of employee managers have no management training or had their training capped at four hours.
Joining us for our discussion on Are You Prepared For The Big Quit? is Jack Wiley , who is in Wabash, Indiana Office. DR. JACK WILEY has more than 30 years of experience studying what employees most want and what organizational design factors best promote employee engagement, performance confidence and business success. He is the president & CEO of Jack Wiley Consulting, LLC, and Employee Centricity LLC. In addition to his business ventures, he’s the chief scientific officer at Engage2Excel. He is the author of The Employee Centric Manager and RESPECT: Delivering Results by Giving Employees What They Really Want. He is a Fellow of the American Psychological Association and the Association for Psychological Science. Welcome to Mastering Your Money, Jack Wiley