I think there's no fulfilling narrative, just boring risk-aversion and economics at play.
First, your theory 3 leads to the 'increase' in resignations. Last year any job you could hold was a port in a storm. This year people resumed shopping around for the best job.
As for the pay raises, I think it's because tech faired better during the pandemic than other industries. In general, the pandemic was a wealth-consolidating event and tech fared well.
First, your theory 3 leads to the 'increase' in resignations. Last year any job you could hold was a port in a storm. This year people resumed shopping around for the best job.
As for the pay raises, I think it's because tech faired better during the pandemic than other industries. In general, the pandemic was a wealth-consolidating event and tech fared well.