A new U.S. study conducted online by The Harris Poll, among over 2,000 U.S. adults on behalf of CareerArc reveals that more than one in five (23%) employed Americans plan to quit their jobs within the next 12 months (Nov 2021-Nov 2022). According to CareerArc’s Great Resignation + Rehire survey, among those who plan to resign within the next 12 months most (70%) are looking to quit by February 2022. The desire for better working conditions (32%) tops the list of reasons for those who plan to resign in the next 12 months, followed by burnout (30%) and the opportunity for higher pay (29%).
“Our survey reveals the Great Resignation is likely to continue into 2022 and offers insight into which areas of improvement can make the most impact on organizations’ talent acquisition and retention in the coming months,” said Jim Bramante, Chairman and CEO at CareerArc. “In a job seekers’ market, companies need to get serious about building a strong employer brand to support their recruitment and retention strategy. Employer authenticity, action, and brand reputation have never been more critical than they are right now, and organizations that act quickly have an immense opportunity to get an ‘unfair’ share of top talent as part of The Great Rehire.”
Employers requiring employees to get the COVID-19 vaccine ranked relatively low on the list (16%) of reasons for resigning among those who plan to quit within the next 12 months. This statistic is notable as the Biden Administration and the Department of Labor’s Occupational Safety and Health Administration (OSHA) work to solidify vaccine mandates in the workplace in 2022.
Younger employees (ages 18-34) are more than twice as likely as older employees (ages 35-64) to say they plan to resign from their jobs in the next 12 months (34% vs. 15%).
The majority (59%) of those who plan to quit in the next 12 months are either already looking for a new job or will start their job search by February 2022. 11% of those who plan to quit within the next 12 months have no plans of looking for a new job.