The Great Resignation has garnered countless think pieces, leadership anxiety and contributed to the ongoing labor shortage the country is facing.
While companies are expanding their benefits to curb the impact of this exodus, the Great Resignation still has a tight grip on the workforce.
In pursuit of a better work-life balance, a survey from PBS NewsHour, NPR and Marist showed that 46% of workers making at least $75,000 a year were more likely to participate in job hopping. However, 33% of those making over $75,000 reportedly switched jobs.
For those who did make the job pivot, 32% said that compensation was their top motivator, suggesting that money plays a more significant role in employee satisfaction than previously thought.
Although demand for flexibility and better benefits can certainly make a difference in retaining workers, inflation has caused the reshuffling of worker priorities.
“We shouldn’t look at job hoppers as the problem or that they’re a negative thing for a company,” said Hannah Williams, a data analyst.
“Maybe it wouldn’t be a problem if companies took better care of their employees, and paid them competitive salaries, and gave them the support that they need in the form of remote work and good benefits.”