During the course of 2021, over 47 million people quit their jobs, which equals 23% of the U.S. workforce. In 2022, 38 million more people quit (computerworld.com). Every year, 35% of workers leave their job because they found a new position elsewhere(netsuite.com). Around 30% of ...
3. The average cost of replacing a salaried employee is 6 to 9 months of their average salary, states thePeopleKeep article. 4. 95% of employeessurveyed by Monsterstated they’re considering changing jobs, and 92% said they are willing to switch industries. 5. The same source shows that ...
36% of employees would give up $5,000 of their yearly salary to be happier at work. Only 46% of employees have a great deal of trust in their employers. Employees who are happy at work take 10 times fewer sick days than unhappy workers. Only 25% of employees who quit their jobs cit...
6. 50% workers would rather quit their jobs than return to the office prematurely Findings from a poll byMorning Consult on behalf of Bloombergshow that half of surveyed employees would resign rather than be forced to return to an office under unsafe or uncertain conditions. That same study fo...
20% of US workers moved to a different role at their company last year and 20% more plan to do so in the next year (The Hartford, 2022) 47% of workers who left their jobs or plan to did so for higher wages, 33% for a better workplace culture, 30% for career advancement, 2...
4.1 million people quit their jobs in December 2022. That’s 100,000 less than the previous month, with transportation, warehousing, and utilities as the industry to see the biggest change from the previous month. The number of people quitting their jobs remains at a rate of 2.7% as of De...
35% of businesses10with fewer than 1,000 employees outsource one or more HR functions The two most commonly outsourced HR functions include employee training initiatives (58%) and the recruitment function (38%)11 Of all reasons why employees leave or quit their jobs, 78% of them could be pr...
When spouses live together, they both contribute to the financial well-being of the family. But when the marriage ends, each person has to deal with economic issues independently. Divorced women usually face more difficulties than men. They often quit their jobs to raise children and strengthen ...
During that time period, many teachers resigned from their jobs leading to ample staff shortages and a lack of resources to plan students' curriculum. Why is teacher burnout on the rise in 2025? As teachers quit their jobs, more and more positions go unfulfilled. Teachers who have stayed in...
Harvard economist Jason Furman argued in June 2021 that the elevated rate of people leaving their jobs was in line with the rising number of job openings, suggesting that competition among employers was driving resignations.8 A record 4.5 million workers quit jobs for reasons other than retirement ...