One in five employees are likely to switch their jobs in the next 12 months, according to a global survey carried out by PricewaterhouseCoopers (PwC), suggesting that there is no sign of the ‘Great Resignation’ slowing down.
The revelation was made in the survey ‘Global Workforce Hopes and Fears Survey 2022’, released at the World Economic Forum in Davos earlier this week.
The organisation polled some 52,000 workers in at least 44 countries during the month of March.
While higher pay was found to be the leading factor in changing jobs, other reasons appeared less pragmatic, such as seeking fulfillment, ‘being themselves’ at work and working with those who ‘care’.
Among the least important factors were work hours and the location of a certain workplace.
“If the ‘Great Resignation’ has taught employers anything, it’s to not take their workers for granted. Yet many companies risk doing exactly that,” the report, published on the firm’s website, observed.
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The term ‘Great Resignation’, was put forth by an American professor, referring to the global economic trends that may see employees voluntarily quitting en masse to look for better employment, as economies gradually recover after the Covid-19 pandemic.
The PwC also discovered that around 35 per cent of the respondents employees had plans to ask their employers for a pay raise within the next 12 months, RT reported.
