“We’ve seen them mass exit in much larger waves,” in both front-line and senior leadership positions, Wells said, as the demands of juggling parenting, teaching and working from home ratchet higher. One group in particular has already dropped out of the workforce in record numbers: working mothers. Despite being full digital natives, these younger workers say in surveys that they’re the most afraid of missing out on professional development by working remotely. That attitude shows up in corporate leadership regardless of the age or generational cohort of leaders, according to Perceptyx research.Īfter the executive ranks, Gen Z workers - those in the first few years of their careers - are the most likely to want to return to the office, Wells said. Wells said that higher echelons of management tend to be stuck on the idea of “office-ism”: that in-person work is intangibly superior. “If organizations don’t meet those demands, we’re going to see people vote with their feet.” “That’s at the forefront as offices start to go back,” Wells said. The top reason for wanting to leave, Wells said, is the desire for flexibility, both in hours and the ability to work from home. “We’ve seen that spike, for a variety of reasons.” “When an employee tells you they’re going to leave, they do,” Wells said. But prepare for a pay cut.īrett Wells, director of people analytics at Perceptyx, a company that works with a number of Fortune 500 companies to survey employee opinion and sentiment, said his firm keeps close tabs on whether employees are thinking of quitting. Working from home will become the norm for many employees even after the pandemic ends. Technology and the Internet ‘Work from anywhere’ is here to stay. “We all want to pursue life, liberty and happiness, and many of us have realized our job isn’t the best way to get there.” “People have had epiphanies over the past year,” Klotz said. Nearly 6 million fewer people quit their jobs in 2020 than in 2019, according to BLS statistics, which Klotz ascribes to workers “sheltering in place” as the pandemic rocked the global economy.Īfter a year of unprecedented stress, workers are also burned out and reexamining how to live their lives. He said the numbers point to pent-up demand for a change. In hospitality or Hollywood, where most workers have been out of a job for much of the last year, going back to work at all is still a priority.īut human resources experts say that the white-collar workforce has multiple reasons to be eyeing the exits this summer.Īnthony Klotz, a professor of management at Texas A&M’s Mays Business School, has researched the psychology of quitting for much of his career. Untangling trends and meaning from national numbers can be difficult, and quitting is not an option to be taken lightly for most workers. Production remains hampered by restrictions necessary for keeping the COVID-19 pandemic at bay, but filmmakers and studios are optimistic that Hollywood is finally reopening. Now she’s rethinking her future: “Do I really want to burn myself out over and over again?”Ĭompany Town How will Hollywood get back to full speed? After the pandemic, some things may never return to normal “I haven’t had a break in 10 years,” Lynch said, since she graduated in the recession, worked her way through a master‘s degree and landed a good job. “I don’t have another job lined up after this, and that’s like - I come from a working-class background, you don’t just quit a job and not have another job.” But she’s looking forward to spending time working on her design portfolio, slowing down, reading some books and taking a pottery class. “I recognize it’s extremely privileged to have this cushion now, but I can take the time off that I’ve really been wanting to,” Lynch said. Like many workers on the upper levels of the income scale, whose savings have been buoyed by a bull market, Lynch found herself sitting on a financial cushion for the first time in her life thanks to her stock options. “I didn’t have really any energy, I didn’t really enjoy what I was doing anymore, I couldn’t really focus.” “I love my company, and I love my work, but I couldn’t keep pushing on through,” Lynch said. During the pandemic, a booming business in virtual learning meant Lynch was busier than ever - and sinking into burnout. The 31-year-old brand designer had been working at Coursera, the online education company, for five years. In late May, Sarah Lynch pulled the rip cord.
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