Record-High Turnover Expected in 2021

Mar 19, 2021, 5:15 PM

(From SHRM) More than half of employees surveyed in North America plan to look for a new job in 2021, according to a new report commissioned by the Achievers Workforce Institute, the research arm of Achievers, an employee recognition software company in Toronto. The institute surveyed 2,000 employed adults in February, finding that 52% are looking for a new job, up from 35% a year earlier. Better compensation and benefits (35%) and better work/life balance (25%) are the top two reasons why employees would leave their current job. The study also found that 46% of respondents feel less connected to their company, and 42% say company culture has diminished since the start of the pandemic. Just 21% said they are very engaged at work.

More from SHRM

All news on NetAssets.org