pwc great resignation pay [shutterstock: 2102235097, Bakhtiar Zein]
[shutterstock: 2102235097, Bakhtiar Zein]
Human Resources Press Release

Great Resignation Is Set To Continue

The Great Resignation will continue apace in the year ahead as one in five workers say they are likely to switch to a new employer in the next 12 months.

That was a key finding from PwC’s Global Workforce Hopes and Fears Survey of 52,195 workers in 44 countries and territories – one of the largest ever surveys of the global workforce. The survey finds that 35 percent are planning to ask their employer for more money in the next 12 months. Pressure on pay is highest in the tech sector where 44 percent of workers surveyed plan to ask for a raise and is lowest in the public sector (25 percent).

While an increase in pay is a main motivator for making a job change (71 percent), wanting a fulfilling job (69 percent) and wanting to truly be themselves at work (66 percent) round out the top 3 things workers are looking for. Nearly half (47 percent) prioritised being able to choose where they work.

Workers who are likely to look for a new employer in the next 12 months are less likely to feel satisfied with their current employer. Compared to those who have no intention of changing jobs, they are 14 percentage points less likely to find their job fulfilling, 11 percentage points less likely to feel they can truly be their self at work, and 9 percentage points less likely to feel fairly rewarded financially.

Women were 7 points less likely than men to say they are fairly rewarded financially, but still 7 points less likely to ask for a raise. Women were also 8 points less likely to ask for a promotion, and that request is more likely to fall on deaf ears – as women are 8 points less likely than men to feel their manager listens to them.

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