It is not surprising that many Australians are incredibly burnt out from the rising pressure of the Great Resignation, influencing over 1 million people resigning from their jobs. We haven’t seen a number this large in over 10 years.
Despite many Australians increasingly leaving companies for monetary benefits, it is evident that employees are happier staying with companies who provide work life balance initiatives, flexibility, decreased levels of overtime and prioritise employee wellbeing to reduce increasing burnout rates. Kris Grant, CEO shares with The Daily Telegraph and News.com.au reasons for why resignations could skyrocket further in the next few months, predicting the quit rate could hit 15 per cent by the year’s end as the labour market tightens with record low unemployment rates.
Our CEO Kris Grant has shared her HR expertise with the HR Leader, on the Reserve Bank of Australia’s recent delivery of another interest rate rise in November, and the implications on employee wages.
Over 1 million Australians have been taking on a second job this year, but why is it that most are women?
According to the ABS, the three industries with the highest number of secondary jobs in 2022 were health care and social assistance; administrative and support services; and education.
ASPL Group’s CEO Kris Grant, was featured in the Aged Care News recent article, discussing how inflation has now hit a 32-year high, and employees should not hesitate to ask for a pay rise and showcase their achievements.
Microsoft’s latest Work Trends Index found that 62 per cent of Australian employees were experiencing burnout, compared with a global average of 48 per cent.
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