The Great Resignation Becomes The Great Regret
0 likes•114 views
Many employees who quit their jobs during the Great Resignation are experiencing regret after finding that their new jobs and companies are very different than expected. A study found that 72% of workers who changed jobs felt surprise or regret, and 48% would try to return to their old job. Younger generations like Gen Z place high value on company values and purpose beyond profits when choosing employers, but often don't seek advice from more experienced workers. To reduce turnover, companies should adopt more flexible, human-centric work models with clear career growth opportunities.
The Great Resignation Becomes The Great Regret
- 1. 6/10/22, 1:48 PM The Great Resignation Becomes The Great Regret | Sherrie Suski | Career sherriesuski.com/the-great-resignation-becomes-the-great-regret/ 1/4 Sherrie Suski | Career MISSION VIEJO, CALIFORNIA The Great Resignation Becomes The Great Regret June 6, 2022 by Sherrie Suskie (Edit) It is no secret that employees have been quitting in droves, leaving the safety of positions where they have built up political capital for new positions that promise greener pastures and can come with 25%, 50%, and higher increases. Employees say they are leaving to work for employers who are more people-centric, where they feel like their work has a purpose and can add meaning to their lives. According to Pew Research Pew Research Center | Pew Research Center in a new study, “low pay, a lack of opportunities for advancement, and feeling disrespected at work”, are the top reasons why Americans quit their jobs last year. But are all these workers leaving their jobs for new jobs finding that the new jobs are that much better than their old jobs? That their new employers are that much better than their existing employers? In many cases, the resounding answer is “No”. That theory has been echoed by another study released this week by the job search site the Muse. Muse Jobs (Hiring) – ItsMyCareer Its study of more than 2,500 workers found that almost three-quarters of them (72%) experienced either “surprise or regret” that the new position or new company they quit their job for turned out to be “very different” from what they were led to believe. Nearly half (48%) of these workers said they would try to get their old job back thanks to a phenomenon that the Muse is calling “shift shock”. “They’ll join a new company thinking it’s their dream job and then there’s a reality check,” the company’s CEO, Kathryn Minshew told FOX Business. “It’s this really damaging phenomenon where people are brand new in their role, and they suddenly realize it’s not at all as advertised.”
- 2. 6/10/22, 1:48 PM The Great Resignation Becomes The Great Regret | Sherrie Suski | Career sherriesuski.com/the-great-resignation-becomes-the-great-regret/ 2/4 Tagged With: business, career, hr, human resources, job, quitting, resignation, Sherrie suski, success They have given up the solid relationships and reputations built over the years at their previous positions, to chase the next best thing. Much of this confusion is being driven by Gen Z, Generation Z – Wikipedia those generally born after 1995 who make up more than a quarter of the workforce. According to a recent study by career counseling provider Zety, Zety – Professional Resume & Cover Letter Tools For Any Job those workers report that the factors that are most appealing in a new job include, of course, a good benefits package (67%). But just as important to them is a company with “values that match their own” (62%), that has a purpose for being that “goes beyond merely making a profit” (61%), offers “plentiful career development and progression opportunities” (59%) and has a “strong brand reputation” (49%). Ask any baby boomer who’s been in the workforce for a number of years and they’ll tell you that the grass is often the same color at the new job. But few, if any Gen Zer’s are seeking the advice of boomers. The good news is that companies have a choice and research firm Gartner Gartner | Delivering Actionable, Objective Insight to Executives and Their Teams urges employers to adopt a more “human-centric” work model that includes better working hours, more productive meetings, and greater flexibility to reduce this turnover. Having clear growth opportunities and career paths are a must for a generation that grew up with instant gratification. Neither the great resignation nor the great regret is in employees’ or employers’ best interests. A strong people-centric philosophy will likely cure both. Filed Under: Career, Employee Performance, Human Resources, Interview, Networking, Performance Appraisal, Sherrie's Blog, TAH Human Resources PAGES About Sherrie Suski Secondary Sidebar Widget Area
- 3. 6/10/22, 1:48 PM The Great Resignation Becomes The Great Regret | Sherrie Suski | Career sherriesuski.com/the-great-resignation-becomes-the-great-regret/ 3/4 Blog Contact Featured Writing Multimedia RECENT POSTS The Great Resignation Becomes The Great Regret The Future of Hybrid Work The Changing Face of Human Resources Augmented Reality for Management Development Training LEARN MORE ABOUT SHERRIE SUSKI StartUp Blog This is the Secondary Sidebar Widget Area. You can add content to this area by visiting your Widgets Panel and adding new widgets to this area.
- 4. 6/10/22, 1:48 PM The Great Resignation Becomes The Great Regret | Sherrie Suski | Career sherriesuski.com/the-great-resignation-becomes-the-great-regret/ 4/4 COPYRIGHT © SHERRIE SUSKI | EMPLOYEE-COMPANY ALIGNMENT ·