The Great Resignation

Mississauga Board of Trade
Mississauga Board of Trade


October 11, 2022


Updates on new members, upcoming events, and the latest news.

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Author: Lucie Shaw, MBOT Chair & Owner of Nurse Next Door Mississauga

Do you feel like you’re spinning your wheels recruiting and retaining good people?  Listening to our MBOT members and the media, many organizations are stressed and struggling with recruitment and retention.  Why is this such a challenge?  What caused this employment conundrum?

Lately, we have been hearing some frequent terms: War on talent, Quiet Quitting, shortage of staff, pay more, 24/7 hiring, skilled labour shortage, developing remote work programs, and the Great Resignation.   Why now, are we having these challenges?  Was it due to Covid, an aging population of baby boomers, or a change in work life balance?  Possibly all these reasons are true.

During the last two years, businesses have had to adapt, make changes, and pivot, all to survive.  This chapter on the War on talent is our next test of resiliency.

The Great Resignation has taught us to embrace and adapt to new ways.  Many organizations have developed or are developing new ways to attract employees. Options such as remote work programs or enticing skilled labour to relocate are becoming more prevalent.  Others are hiring 24/7 just to be able to engage with potential recruits early in the process.  We need to continue to explore new options and opportunities, and ask ourselves, what more can we do as employers?

Our opportunity now, is to adapt to changes happening around us and navigate recruitment and retention strategies.  MBOT has many members who can assist you with recruitment, retention, and employment law needs.  Stay connected with our Professional Webinars to learn more.

MBOT’s MERG (Mississauga Economic Resiliency Group), is spearheading a one-day event on talent management.  It will certainly be an event that you will not want to miss.    I look forward to seeing our members at The TALENT ACQUISITION & MANAGEMENT FORUM which will be held on November 30th at the International Centre.

It’s time to refine our strategies and processes and find a way forward.  We know the issues, and through our connection with MBOT we all have the support to find new solutions.

About the Author

Mississauga Board of Trade
Mississauga Board of Trade
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