20% Employees Across The World Planning To Resign In 2022: The Great Resignation Refuses To Die Down

The latest updates indicate that many people have decided that their work-life balance has become more important to them, after an extended period of working from home with no commute. 

The Great Resignation Continues

It appears that The Great Resignation is still continuing to show its effect, a term coined in May 2021, describes the record number of people leaving their jobs since the beginning of the pandemic. 

Basically, one in five workers globally are planning to quit in 2022, as per the latest report. 

This is the key finding of consultancy firm PwC’s Global Workforce Hopes and Fears Survey of more than 52,000 workers in 44 countries and territories, carried out in March 2022. 

Why Would This Happen? 

According to this, pay is unsurprisingly the main factor in people wanting to change jobs, with 71% citing it as a key reason.

It seems that Men were more likely than women to say they were fairly rewarded financially. 

 This further reflects long-standing problems in wealth inequality as per the reports authors. 

They also highlighted the need to advance the gender-equity agenda, including pay transparency and higher female participation in the labor force.

When all this being said, then money isn’t enough by itself to retain workers, who were almost as likely to cite intangible factors related to meaning. 

While considering a job change, job fulfillment and the ability to be one’s true self at work were ranked second and third among employees.

In the case of some managers, they fear employees discussing sensitive and potentially divisive social and political issues at work. 

The survey revealed that 65% of workers discuss such issues with colleagues frequently or sometimes, with the number higher for younger workers (69%) and ethnic minorities (73%). 

When it comes to the PwC report, it encourages employers to do more to facilitate and support these conversations.

Work Flexibility Matters

Further, the report suggests that work flexibility is of increasing importance to staff. 

The other important aspect is that there’s a disconnect with how employers see things.

Almost 26% of employees said they would prefer full-time remote working, but only 18% said their employer is likely to adopt that model.

On the other hand, 18% said their employer is likely to require full-time in-person work, which just 11% of employees prefer.