Meeting the Explosive Growth of E-Commerce If a company was losing a fifth of its workforce before COVID, they should expect that number to jump to a quarter. Job turnover is up 20% even in this new remote and hybrid working world, and is projected to remain high with 37 million people expected to leave in 2022. (1) Even with these benefits, companies should expect this level of business to be the new normal. To combat burnout and attempt to offset the extra work, more and more companies are looking for creative ways to compensate their employees, from the four-day work week to the switch to permanent remote work. “Companies must be prepared for an enduring culture of quitting, and for SMBs, technology can help.” “SMBs in e-commerce who are fighting with intolerant and rising consumer demands are not able to sustain this level of business,” he says. (1) Small to medium-sized businesses (SMBs) may particularly struggle with this shift to e-commerce, explains Mikel Lindsear, CEO and founder of StoreConnect. Nearly 60% of millennials feel that workplace irritation has increased since the Great Resignation, while globally 83% report having to take six new jobs outside their job description because of their co-workers resigning. Millennials in particular have felt the brunt of the workforce changes from the pandemic and are being pushed back. One of the biggest news stories of the past several years has been the great resignation. Companies must be prepared for an enduring culture of quitting, and for SMBs, technology can help.
SMBs in e-commerce who are fighting with intolerant and rising consumer demands are not able to sustain this level of business.
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