‘Great Resignation’ to continue as workers seek higher salaries – The National
- Date: 23-Jun-2023
- Source: The National
- Sector:Financial Services
- Country:Saudi Arabia
‘Great Resignation’ to continue as workers seek higher salaries – The National
The “Great Resignation” is set to continue well into 2024, with 26 per cent of employees globally saying it is likely they will change jobs over the next 12 months as the ongoing cost-of-living crisis forces cash-strapped workers to seek higher salaries, a report by consultancy PwC has found.
Workers who said they are most likely to switch employers include 44 per cent who feel overworked and 38 per cent who struggle to pay the bills every month, while 35 per cent represented Generation Z, PwC’s Global Workforce Hopes and Fears survey said.
“With the continuing economic uncertainty, we see a global workforce that wants more pay and more meaning from their work,” said Bhushan Sethi, a US-based partner at Strategy&, PwC's strategy consulting business.
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