Presented by Attorney
Nathan A. McCoy
Why are Workers Heading Toward the Exit Door?
The survey found that employers report their workers’ top five priorities are:
- Higher pay (59%)
- Schedule flexibility (58%)
- Better work/life balance (56%)
- Remote work options (54%) and
- The ability to focus on personal and family responsibilities (50%).
Other Significant Findings:
- 85% of employers agree that the pandemic has altered beliefs about what constitutes a good job—and the number rises to an eye-opening 96% of respondents in hospitality and tourism. In that sector, 80% of employers have observed a recent uptick in resignations.
- 86% of respondents believe employers need to take action now to reduce further churn.
- 76% say resignations are contagious—once a few employees resign, others typically follow.
- 86% of employers say they should be more worried about resignation now than in past.
51% percent of those surveyed believe their companies’ handling of the pandemic resulted in later resignations.