PwC’s newest survey shows that, despite a forecasted recession in the next few years, The Great Resignation will continue to impact the workforce.
Taking responses from over 52,000 workers across 44 countries, the Global Workforce Hopes and Fears survey revealed that 35% of respondents had plans to request for a pay increase in the next 12 months, making it the top factor for workers looking to change jobs.
The survey also showed that one in five workers stated they planned to switch employers in the next 12 months.
However, the survey also showed that 69% of respondents are doing so to find a more fulfilling job, 66% have a desire to be themselves at work, and 47% want more say in where they work.
Professionals looking for a new job were also found more likely to be dissatisfied with their current employer and feel that they are not being compensated fairly compared to those who did not plan to switch employers.
Beyond pay and work arrangements, the survey also showed that transparency and openness about social and political issues can have a positive impact on work culture.
More specifically, 79% of respondents who said they discussed these topics at work cited one positive outcome of these conversations.
“Diverse workforces will inevitably bring differences of opinion about major societal issues into their workplaces. Leaders need to ensure these discussions can benefit teams rather than dividing them,” said Bhushan Sethi, Co-Leader of Global People and Organization services at PwC. “The role of employers isn’t to tell workers what to think, but to give them a voice, choice and safe environment to share feelings, listen and learn about how these issues are impacting their colleagues. Workers, especially younger and ethnic minorities feel the benefits of engaging in respectful and tolerant conversations.”
