“Great regret” is the latest workplace trend, with a majority of professionals who left their jobs last year wishing they could have a new survey, according to a new survey.
2022 was another record year to drop – 4.1 million workers quit their jobs in December, bringing the total for the year to over 50 million, tentative 47 million He left years ago, citing higher pay and better working conditions as incentives for his exit. Now 8 out of 10 professionals have left the job regret their decisionA New Paychex Study finds.
Paychex surveyed 825 employees who quit during the “Great Resignation” and 354 employers to analyze the impact of the quitting spree and employee job satisfaction.
They found that mental health, work-life balance, workplace relationships and the chance to be re-hired all suffered as a result.
Gen Zers Are Struggling the Most
This is what Gen Z employees miss most about their old jobs, according to Paychex. 89% of Gen Zers say they regret quitting, and as a result, their mental health is on the decline.
Jeff Williams, vice president of enterprise and human resource solutions at Paychex, told CNBC Make It, “The ‘Great Resignation' has led to a lot of regrets by employees seeking new opportunities. Amidst those regrets, employees are more likely to miss their coworkers.” Most likely.” , “These friendships create a sense of community among employees, creating a positive company culture—another thing employees missed about their previous jobs.”
“Our research found that 9 out of 10 people reported changing industries after resigning, and professionals who changed industries were 25% more likely than workers who remained in the same industry. regretted their choices. Gen Xers were the most likely to miss working in an office, and Gen Xers most missed the work-life balance from their previous jobs.”
It appears that the perks, benefits and culture of the job that led the young workers to join the Great Resignation are not enough to keep them satisfied.
“Despite satisfaction with mental health and work-life balance affecting many resignations, almost half of our survey respondents said they are satisfied with their mental health (54%) and work-life balance (43%) in their new workplace Unfortunately, Gen Zers reported the lowest levels of positive mental health and work-life balance.”
no loyalty, no scope
While most employers say they are open to re-hiring job-hoppers, some are more hesitant, calling into question their loyalty. boomerang employee,
When asked if they would be willing to rehire employees who left during the Great Resignation, 27% of employees said yes and they have already rehired at least one former employee. . Forty-three percent said yes, but they have not yet been rehired, and 30% said no.
“Anecdotally, we believe that more employers than ever before are open-minded to the idea of “boomerang” employees returning to companies,” explains Williams. “Tight labor markets, specialized skills, time-to-performance, and knowing the quality of work expected have all been cited as reasons for hiring managers. People who are hesitant to re-hire However, they expose underlying doubts about the loyalty, expected compensation, and employee motives.”
“Many employers either want to give or have given people their jobs back, with medium-sized businesses most likely to do so. But for others, workplace loyalty prevents employers from welcoming them back. employees received a 7% raise, but 38% of employers were unwilling to offer new benefits to former employees. Nearly a third of employers would not consider giving people their jobs back, and blue-collar employers compared to white-collar employers are 17% more likely to feel this way.”
turn over a new leaf
It's natural to spend time reliving the good old days, but Williams advises employees not to dwell in the past for too long.
“Nostalgia is the enemy of growth. Be realistic and move on if your former employer won't hire you again. Recognize your worth, have confidence in who you are and move on.”
As employees figure out how to turn over a new leaf, Williams suggests “starting with a fresh perspective on what you control.”
“For example, you control having a trusted friend peer review your resume. You control the connections you make on LinkedIn. You control the time you go to networking events, hone your skills, and indulge yourself in your search.” control the night course for the
Williams also says that workers should try to avoid job-hopping in the future to put “stability” back on their resumes, and that although things may seem bleak now, it won't be like that forever.
“The Great Resignation changed not only the workplace but also the minds of those seeking better work opportunities. The good news is that there is hope for quitters who have had a change of heart about their decision to resign. Many employers Willing to rehire people. And improve their benefits too.”
check out:
3 Office-Friendly Breathing Exercises That Can Help You Deal With Work Stress
Self Made Millionaire, 39: ‘Success isn't owned, it's rented. And the rent is due every day'
This Black Founder Sold Her Company to P&G—Why She Says She's ‘Selling Up', Not Selling Out
Sign up now: Get better informed about your money and career with our weekly newsletter
