the bongino report

Majority of People Who Quit Their Job During the “Great Resignation” Regret It

More than 47 million Americans Quit their job In 2022, a phenomenon was created that became known as the “great resignation.” According to a survey released Thursday, the majority of workers regret this decision. 

According to findings from, around 80% of professionals who quit their job last year believed they had made a mistake. Paychex Study show. 

The survey was done between October 10-11 and found that there is a generational gap among those who regret having taken part in the quitting spree. It surveyed 1,179 respondents, which included 825 employees and 354 employer.

Gen Zers resentfully regret switching jobs, with 89% saying they do so because they want a new job. This is compared to 77% who regret leaving their jobs.

US COMPANIES OFFER RECORD-HIGH RAISES FOR RETAINING WORKERS, KEEPING PRESSURE ON INFLAATION

Jobs hiring

The large “now hiring” Advertisement posted on the windows at Advance Auto Parts in Bay Shore, N.Y. March 24, 2022 (Steve Pfost/Newsday.RM via Getty Images/Getty Images

The two main reasons that workers found disappointing about the new gig were work-life balance and mental health. Just 43% of respondents said they were satisfied with the work-life balance in their new job, while a little over half — 54% — said they had a positive level of mental health. 

“Employees who left large businesses are most likely to miss the work-life balance they had,” According to the survey. “Workers who left small and medium businesses are most likely to miss their co-workers.” 

INFLATION STILL OUTSTRIPPING WAGE IN MOST US CITIES

This survey also examined the attitudes of employers towards rehiring job-hoppers and how their businesses are doing in the aftermath. 

stressed in office

Young designer, looking stressed while working in an office (iStock / iStock)

Respondents said at least 27% have rehired at minimum one former employee. This compares to 43% who stated they would consider hiring former workers, but have not done so. 

A little over one-third (or 30%) of employers said that they wouldn’t rehire workers who had left during the recession. The “great resignation.”

Returning employees average about an additional $2,000 Pay bump of 7%However, 38% said that they were unable to offer new benefits to ex-employees upon their return. 

“While the terms vary, many businesses would accept former employees back at work,” According to the survey. “But, for others, workplace loyalty seems to keep employers from welcoming them back at all. Nearly a third of employers won’t consider giving people their jobs back, and blue-collar employers are 17% more likely than white-collar employers to feel this way.” 

US job fair

Job seekers visit booths during Spring Job Fair at Las Vegas Convention Center April 15, 2022.  (K.M. Cannon/Las Vegas Review Journal / Getty Images

Workers were able to leave their jobs last year due to the extremely tight labor market. They could also take advantage of better working conditions, wages, and work hours. There are still signs that the labor market is not balanced. 

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Wednesday’s government report stated that employers reported more than 11 million job openings At the end of December there were approximately 1.9 open positions for every worker who was unemployed.

The number of available jobs For 14 consecutive months, the number of people who have reached 10 million has increased to over 10,000,000. The previous record high was 7.7 millions, which was before the pandemic started in February 2020.


Read More From Original Article Here:

" Conservative News Daily does not always share or support the views and opinions expressed here; they are just those of the writer."

Related Articles

Sponsored Content
Back to top button
Close

Adblock Detected

Please consider supporting us by disabling your ad blocker