In 2021, 47 million workers voluntarily left their jobs, fueling what came to be known as the Great Resignation.
The worker shortage continued this year, putting employees in the driver’s seat and giving them the power to negotiate pay, benefits and workplace flexibility. Employers offered workers more perks to make themselves competitive.
“If we were talking in January, February and March, we were offering inflated salaries,” says Tammy Adrian, Vice President, HR Strategy & Enablement at Cox Communications (No. 34 on Fair360, formerly DiversityInc’s 2022 Top 50 companies for Diversity list). “We were offering sign-on bonuses. We were being lenient about where they could work – meaning geographies – in and out of our company footprint. And we were flexible on hybrid and even some remote work.”
