What is the Great Resignation? What's causing it? What are companies doing about it? And what's our final takeaway?

The Great Resignation is a term first used by Anthony Klotz, a psychologist and associate professor of management at Texas A&M University, during an interview with Business Insider. It describes a profound shift in the way Americans are viewing their relationship to work over the past four months.

For four months in a row, a record number of Americans are quitting their jobs. In July, the last month for which the Bureau of Labor Statistics published data, 3.98 million workers quit; that's slightly lower than the record-smashing 3.99 million quits in April.

So what about it from an individual and collective level?