Millions of pandemic-era job quitters and their managers wish they had a do-over
The Great Resignation. The Great Reshuffle. The Great Return. The Great Rethink. Whatever “Re” cliché you call it, employees worldwide continue to quit in record numbers.
Though, for many pandemic-era job leavers, their resignation was anything but great. More than 2 out of 5 feel they were better off at their old job, and 1 in 5 have already boomeranged back!
This comes from a UKG survey across six countries comparing responses of 1,950 employees who quit their jobs since March 2020, with 1,850 people managers who had people on their team resign. Research shows:
43% of job quitters admit they were better off at their old job.
Of those not fully satisfied in their new role, 62% agree, “The job I quit was better than my job now.”
41% of people feel they quit their job too quickly.
People managers only correctly named 3 of the top 6 reasons why employees actually quit.
Fewer than half of job leavers left for a pay raise.
Nearly 1 in 5 people have already boomeranged back to the job they quit.
Strong people managers — those who build trust, foster open communication, and conduct stay interviews — are the key to both retention and boomerangs.
Yet, 2 in 5 people managers are thinking of quitting themselves — including 53% of managers in the U.S. and the U.K.
Download the full research report for global insights into keeping employees from quitting in the first place — and for ideas on how to rehire top performers who left.