Post by addisona on May 26, 2022 2:21:06 GMT
The vicious cycle of burnout is leading Americans to quit in droves
Pay isn’t the only thing leading people to quit in droves.
While 63% of recent quitters say money was a top concern, 53% cited family and personal obligations as reasons why they left an old employer, according to a new survey from Morning Consult of more than 1,300 people who quit in the last year.
And as the U.S. closes a full year of record turnover with no end in sight, the Morning Consult research indicates understaffing is leading to burnout, which is in turn causing even more people to quit.
Overall, just over 12% of U.S. workers quit a job in the last year, according to Morning Consult, but it’s higher in certain industries like information and technology; food and beverage; and leisure and hospitality.
And hiring has only gotten harder in the last year: There are currently two open jobs for every person who wants one.
It’s making America’s burnout problem worse, particularly in service industries. In a persistent cycle, people who say their workplace is understaffed are more likely to burn out and quit. If employers don’t address their overworked employees, they risk having even more people leave and making a staff shortage worse.
Hiring managers are doing what they can to broaden their candidate pools, like by easing educational, experience or location requirements. They can also meaningfully attract and retain workers by providing what people want most, Wheeler adds, like good pay, flexible benefits and a supportive working environment.
www.cnbc.com/2022/05/12/how-employers-are-making-americas-quitting-spree-worse.html
Pay isn’t the only thing leading people to quit in droves.
While 63% of recent quitters say money was a top concern, 53% cited family and personal obligations as reasons why they left an old employer, according to a new survey from Morning Consult of more than 1,300 people who quit in the last year.
And as the U.S. closes a full year of record turnover with no end in sight, the Morning Consult research indicates understaffing is leading to burnout, which is in turn causing even more people to quit.
Overall, just over 12% of U.S. workers quit a job in the last year, according to Morning Consult, but it’s higher in certain industries like information and technology; food and beverage; and leisure and hospitality.
And hiring has only gotten harder in the last year: There are currently two open jobs for every person who wants one.
It’s making America’s burnout problem worse, particularly in service industries. In a persistent cycle, people who say their workplace is understaffed are more likely to burn out and quit. If employers don’t address their overworked employees, they risk having even more people leave and making a staff shortage worse.
Hiring managers are doing what they can to broaden their candidate pools, like by easing educational, experience or location requirements. They can also meaningfully attract and retain workers by providing what people want most, Wheeler adds, like good pay, flexible benefits and a supportive working environment.
www.cnbc.com/2022/05/12/how-employers-are-making-americas-quitting-spree-worse.html