The Great Resignation isn't going anywhere, as a new survey found that one in five employees expect to change jobs in the next 12 months.
Workers around the world have been demanding more from their employers over the last few years, after the pandemic showed that flexible work options and higher pay is clearly an option. With companies like Amazon and Microsoft substantially increasing pay to attract talent, leaving your job for greener pastures seems like an attractive option for many.
Now, a new survey has confirmed that employees aren't going quietly into that good night, as a wide range of workers are planning on taking steps to improve their working lives, whether their employers are on board or not.
The Great Resignation Continues
The report from PwC — titled Global Workforce Hopes and Fears — surveyed 52,000 employees across 44 different countries, and it found that 20% of them are planning on switching to a new employer in the next 12 months.
As for why employees are planning on making a change, the survey showed that pay (71%) was a massive driver. However, other factors included job fulfillment (69%), personal authenticity (66%), and schedule flexibility (49%).
“Employees will vote with their feet if their expectations on company culture, reward, flexibility and learning are not being largely met,” said Kevin Ellis, senior partner and chairman of PwC.
This trend is far from new. With alleged “worker shortages” causing a wide range of supply chain issues, employees continue to state that they are willing to work as long as employers are equally willing to meet them in the middle when it comes to compensation and culture.
What do employees want in 2022?
PwC didn't just ask employers if they want to leave their jobs in the next year. The survey was one of the more comprehensive of its kind, asking a wide range of questions pertaining to how employees feel in the workplace in 2022. And largely, they feel empowered to demand more from the companies they work for. Here are a few more meaningful stats about what employees actually want in 2022:
- 60% of employees said they would prefer to work mostly or completely from home.
- 35% of employees are planning to ask their employer for a raise in the next 12 months.
- High pay (44%) is most important in attracting talent in the tech industry
- 79% employees report at least one positive consequence from talking about social or political issues at work.
- Employees believe that transparency on health and safety (65%), economic impact (60%), diversity and inclusion (55%), and environmental impact (53%) are important
Simply put, in addition to higher pay, fulfilling work, and flexible schedules, being a conscientious business owner could be a big difference maker in your ability to attract top talent.
We can't help you with high pay or ethical business practices, but if you need some help getting your business set up for remote work, we've put together guides on remote access software, VPNs, and other business resources that can help provide your team with more flexible options.