• Likes
  • Followers

TecHR TecHR - TecHR Series covers news,views and interviews from the HR technology realm

  • HOME
  • NEWS
  • INTERVIEWS
  • INSIGHTS
    • Guest Posts
    • Featured
  • HRTECH RADAR
    • Analytics
    • Artificial Intelligence
    • Augmented Reality
      • Virtual Reality
    • Automation
      • Computing
    • Digital marketplace
    • e-Learning, Training and Development
    • Executive Leadership
      • Employee Engagement
    • HR Technology
      • HCM and HRIS
      • HRMS
      • Weekly Highlights
      • HR Cloud, Analytics and AI
      • Technology
      • SaaS
      • Mobile
      • Videos
    • Machine Learning
    • Miscellaneous
      • Others
      • Outsourcing and Consulting
    • Organization Development
      • Recruitment and On-boarding
      • Payroll and Compensation Management
      • Legal and Compliance
  • RESOURCES
  • Services
    • Editorial
    • Lead Generation
    • Events
  • CONTACT US
TecHR
  • Home
  • Employee Engagement
  • Majority of Job-Changers in The Great Resignation Were Burned Out, Wanted to Be Valued and Cared For

Majority of Job-Changers in The Great Resignation Were Burned Out, Wanted to Be Valued and Cared For

Employee EngagementNews
By HRTech News Desk Last updated Sep 29, 2021
Majority of Job-Changers in the Great Resignation Were Burned Out, Wanted to Be Valued and Cared For

Limeade Research Finds 40% Of Employees Cite Burnout as Top Reason for Departure and More Than a Quarter (28%) Were So Dissatisfied With Their Work Situations They Resigned Without a Job Lined Up.

Today Limeade, an immersive well-being company, released findings from the company’s study, “The Great Resignation Update.” In the latest addition to the Limeade employee care research series, Limeade identified the drivers that led to the mass exodus of employees in late 2020 and early 2021 and how companies can improve their efforts to retain top talent through care.

Many employees stayed in their roles throughout 2020 even if they weren’t satisfied — as underscored by the 6 million fewer resignations in 2020 than in 2019. In contrast, 19 million workers quit their jobs between March 2021 and July 2021 (a surplus of 7 million compared to the same time last year). “The Great Resignation Update,” surveyed 1,000 full-time U.S. workers who started a new job in 2021. These employees work at companies with 500 or more employees and have been at their new organization for at least three months.

HR Technology News: Business Use of Freelancers Accelerates Amidst the Pandemic, Finds Upwork Report

Respondents cited burnout, lack of flexibility and not feeling valued as top resignation drivers — indicating a lack of care and a desire for greater well-being. Key findings include:

  • Departing out of desperation: 28% of employees left their jobs without another job lined up, these respondents were also 1.7x more likely to cite burnout as their reason for resigning
  • Burnout driving resignations: The top reasons for employee departure include burnout (40%), organizational changes at the company (34%) as well as lack of flexibility, instances or discrimination, and contributions and ideas not being valued (all tied at 20%)
  • Employees prioritizing benefits and well-being: Additionally, 19% of employees left due to insufficient benefits and 16% left because their well-being was not supported by the company

When searching for greener pastures, respondents cited ability to work remotely, better compensation and more employee care as top criteria for new roles.

  • Flexibility is key: Job-changers were attracted to their new position due to the ability to work remotely (40%), better compensation (37%), and better management (31%)
  • Compensation: 29% of job changers — the largest single category of respondents — received a 10-19% salary increase. 13% took a pay cut for their new position and 23% indicated they are paid the same amount, indicating better compensation isn’t an absolute requirement for job changers
  • Better employee care: Respondents reported a 22% boost in feeling cared for as a person by their new employer
  • What’s the same: Only 9% of total respondents saw a decrease in the number of hours they’re currently working, indicating the number of hours an employee works isn’t necessarily a determining factor for burnout

“The mass exodus workplaces have experienced over the past several months is unprecedented — burnout levels reached an all-time high. There was a societal breakdown when it came to the ecosystem of work, home and well-being. People reached their limits,” said Dr. Laura Hamill, Limeade Chief Science Advisor. “At Limeade, our mission is to improve well-being in the world. Because of this we knew it was important to examine this event and ask the Great Resignation job-changers what happened, what they experienced and how employers can do better.”

HR Technology News: Workday Announces Expanded Use of Its Applications Across Google’s Global Workforce

The Limeade Institute recognizes “care” as looking after and providing for the needs of someone or something. To better support employees — particularly in times of crisis or heightened mental health pressures — it is vital for employers to bring employee feedback into the fold. When employers utilize anonymized pulse surveys, organizations can gather employee feedback, transparently share findings and take action. By asking employees for their input, employers can create more intentional employee experiences that are centered around care — and better empower employees to prioritize their overall well-being.

“We have to do better. We have to take care of ourselves and others — and that means caring more for employees. Listen to employees. Ask them what they need,” said Hamill. “Do they need more flexibility? More autonomy? More trust? The Great Resignation is a great opportunity for employers to evolve, learn and do better. The companies that learn and grow from this feedback will succeed.”

HR Technology News: True Comp Dashboard Provides Transparency Into Executive Salary Data

To share your insights with us, please write to sghosh@martechseries.com

Burned OutEmployee ExperiencesEmployee FeedbackFuture of Workretain top talentThe Great Resignation Updatewell-being
Share FacebookTwitterLinkedin
HRTech News Desk

The HRTech News Desk represents a team of tech journalists who coordinate trending stories and breaking news on behalf of the HRTech Series newsroom.

Prev Post

Jobvite’s 2021 Recruiter Nation Report Reveals New Levels of Agility in Recruiting

Next Post

TeamViewer Launches Solution for Modern, Fully Privacy-Compliant Online Teaching

You might also like More from author
Talent management

HR Tech Interview with Katie Obi, Chief People Officer at Beamery

Payroll and Compensation Management

Nium Enhances Global Payroll Payments Solution, Offers Transparent Foreign Exchange…

HR

UBIX Joins the Boomi Technology Partner Program, Delivering No-Code Advanced…

Employee Engagement

Bonterra Accelerates Expansion of Employee Engagement Solutions Through Acquisition…

Prev Next

Guest Posts

The Future of HR Tech: How AI is Delivering New L&D Experiences

May 30, 2023

Paper versus Digital: The Future of Work

May 22, 2023

In An Era of Hybrid Working, It’s Time for EVPs to Go To Work

May 18, 2023

HR Tech Enables Better Strategic Decisions Before & After Layoff

May 16, 2023
Prev Next 1 of 98
Follow Us

TecHr
HRTech Series covers contemporary and futuristic scenarios in the HR technology realm. We cover the emerging trends and latest developments in HR Technology via news, interviews and HR tech primers to stimulate greater interaction between HR teams and employees.


Interested in our Customized Editorial Services?

Visit Our Other Sites
MarTech Series
AiThority

SalesTechStar
Global Fintech Series
iTechnology Series
Quick Links
News

Interviews

HR Tech RADAR

Events

Resources

Contact Us
Follow Us



Brought to you by iTechnology Series

For News and Announcements write to: news@martechseries.com
For Sales, write to: contact@martechseries.com
Copyright © 2023 TecHR Series. All Rights Reserved. Privacy Policy