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.