Posthaste: Many bosses are spending almost half their day dealing with staff turnover, survey says

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That number jumps to 52% among millennial and gen Z workers, a new Kantata survey found. Read on

Is the Great Resignation over?The1,502 full-time employees and independent contractors in the professional services industry in June.

Forty-three per cent of the full-time employees said they were considering quitting their jobs to become freelancers. The percentage is even larger among younger workers. More than half of millennial and gen Z employees were considering leaving their jobs to become independent contractors.“The findings confirm that the Great Resignation is not just a trend, but a radical and permanent transformation of global workforces,” said Kantata.

Of the reasons identified for the high-turnover, compensation was unexpectedly low on the list. Continuing education towards professional growth ranked more highly. Above three-quarters of freelancers stated that they want to work with businesses that provide financial support for their professional growth. This includes paying for certificates, continuing education and masterclasses.

The vast majority of full-time employees agree: 92 per cent said they would be more loyal to corporations that invest in their professional development.Article content

 

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Maybe instead of giving themselves bonus they could raise pay.

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