More people are looking to leave their jobs now than during the Great Resignation, LinkedIn and Microsoft study warns [Fortune]
Paychex, Inc. (PAYX)
Last paychex, inc. earnings: 3/25 08:15 am
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Source: Fortune
The cost of living has spiraled , the threat of layoffs (thanks to AI and overhiring) looms, and flexible working arrangements won before bosses started issuing return-to-office mandates are now like gold dust That's why, after three years of workers quitting their jobs at a record pace—about 47 million Americans left their jobs in 2021 alone—experts have reassured employers that 2024 will be the year of the “ Great Stay ”. Even the professor who coined the term “Great Resignation” predicted that it would fizzle out by New Year's Eve 2023. However, new data from LinkedIn and Microsoft shows that they might have been overly optimistic. The two tech giants surveyed 31,000 individuals across 31 countries and found that the percentage of people (46%) who want to quit their jobs in the year ahead is actually higher than in 2021 (40%). Adding to the alarm, American employers are in for a rough ride: Around 85% of professionals in the U.S. are eyeing up a new job this year. Meanwhil
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PAYX
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