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.
Australia’s top five most sought after jobs in Australia has been released in LinkedIn’s 2023 Jobs on the Rise list. Out of the 25 job titles, a technical program manager, clinical exercise physiologist, site reliability engineer, sales development representative and platform engineer have experienced the highest growth in Australia over the past five years.
As International Women’s Day approaches on March 8, demanding equal pay for equal work is essential. According to the most recent data from the Australian Bureau of Statistics, the median weekly wage for a man working full time was $1390 in May 2021 and just $1042 for women.
Our CEO Kris Grant is incredibly honoured to be one of the State Judges for the Telstra Business Awards 2023. These awards aim to reward, celebrate and give recognition to the inspirational and exceptional businesses within Australia.
The unemployment rate has fallen to 3.4 per cent – according to the ABS, down from 3.5 per cent, with the number of Australians employed increasing from 13.58 million to 13.61 million. What are the effects on the job market?
Follow us on social media
#ASPL #WeLead #WomenInLeadership