The “big quit” continues to accelerate in the U.S., with another 4.4 million workers reported to have resigned from their jobs in September, bringing the total to more than 24 million since April 2021. This historic departure of workers isn’t expected to abate any time soon—a recent McKinsey & Company survey found that 40% of employees are at least somewhat likely to leave their employer in the next three to six months. Perhaps even more telling, it identified a disconnect between employers’ perceptions and the actual reasons why employees are leaving.
What is most important to employees? Being valued by their manager and organization; a sense of belonging, and yes, work-life balance. The study showed employees were more likely to prioritize these and other relational factors of work life, including caring and trusting teammates and potential for advancement, while employers looked more at the transactional aspects such as workload and compensation.Read More