The news is not all gloomy, especially for those who are able to re-enter the workforce. Klotz of Texas A&M said The Great Resignation may well become an opportunity for companies to reorganize the job market in The Great Labor Reset, offering higher wages and better benefits. “There is an opportunity here for organizations to come together with workers who need to be in person and say: Within the constraints of our business, obviously let’s increase wages and benefits, but also think about flexibility in a way. more innovative. Klotz said via Time magazine.
Daniel Zhao, an economist for the job site Glassdoor, says they are already seeing improved benefits as a way to get workers back to work. “For the record, we have seen more and more employers offering a wide variety of bonuses and benefits. They are offering new benefits like student loan assistance or reimbursement of tuition fees, which are 21st century benefits that employers are experiencing, ”Zhao said (via CBS).
Two benefits women will need, beyond pay increases, are flexibility – especially in the case of single parent households – and better and more affordable childcare options. Without either, it can be difficult to see women in particular, and the economy in general, part of a sustainable economic return story.