The Great Resignation

The Great Resignation

Gen Z and Millenials are said to be driving what is termed as "The Great Resignation". The younger generation is allegedly more dissatisfied with their work. Workers quitting their jobs reached a record 3.9 million by July. A global study conducted of 5,500 workers concluded that this mass resignation is spear-headed by the Gen Z and Millenial population who have spent the least time in the workforce. According to the study, 59% were dissatisfied with their jobs, 56% with their work-life balance, and 62% felt restricted and pressurized to work during "office hours" even though they reportedly worked best 
at their convenience, outside normal work timings. 

Vacancies in companies rise up to 9 million throughout the country as employers struggle to offer satisfactory packages. Another study found that 72% of companies planning on
raising their base salary packages. 

Source: U.S. News

You might also like

For several reasons, the IT sector is appealing to job seekers. ...Read more

Despite the opposition of restaurant owners who worried it would raise customers' bills, California Governor Gavin Newsom on Monday signed a nation-leading law providing more than 500,000 fast food employees additional authority and rights. ...Read more

Demands for improved pay and workplace environments are coming from workers in California to New York. ...Read more

New graduates from institutions in Nigeria and other African nations have been made aware of job prospects by Microsoft. ...Read more

A mattress company is searching for a role where napping while working is not only acceptable but also required. 'Casper Sleepers' are being hired by Casper, a New York-based business established in 2014. ...Read more

Articles

A successful company not only has growing revenues, but it also boasts of a brilliant workforce. Ma ...Read more

The job market in the US is slowly gaining traction after the long period of gloom that took the un ...Read more

Millennials are considered to be social people, who live by the ‘work hard play hard’ mantra and ar ...Read more

Most industries have severely suffered in the ongoing pandemic with a few exceptions, like healthca ...Read more