Friday, July 1, 2022
BusinessWill 50% of employees resign in the next one year? What does...

Will 50% of employees resign in the next one year? What does the survey say?

The survey was conducted with the feedback of more than 1,500 business leaders and more than 17,000 employees in 22 countries and 26 industries.

The corona infection that originated in China spread around the world and had a major impact. This put many at risk of losing their jobs. Also, many had to switch to other jobs due to lack of pay.

Surveys by the EY 2022 Work Remagined Survey show that as fears of a corona infection now recede in various countries, employees are gaining significant influence over their employers and changing their ‘wishlist’ from potential employers.

The survey was conducted with the feedback of more than 1,500 business leaders and more than 17,000 employees in 22 countries and 26 industries. In India, answers have been provided by more than 100 business leaders and more than 500 employees.

Employees across India now have more control over their work, with more than half of respondents saying they are likely to leave their jobs in the next 12 months.

According to the survey, this will lead to higher wholesale wages, better job opportunities and flexibility in the face of rising inflation, and an increase in jobs that provide a shrinking labor market and flexible jobs.

Anurag Malik, EO India President and Labor Adviser, said the survey found that the changes in the labor market over the past year have shifted the balance of power in favor of employees.

“Employers have shifted gears that offer more flexible job options, including higher pay and the company’s overall brand building.

Flexible work arrangements, which were the biggest factors leading to employee relocations according to last year’s survey, are now less driven because many already work for companies that offer some form of flexibility. ” Said Malik.

Looking at the different ages in the surveyed countries, the chances of General Z employees and millennials in the country leaving their jobs this year are high (64 percent).

At the same time in all sectors, technical hardware, telecommunications and industry, the survey found that products are more eager to leave the job.

In addition, about 84 percent of employees worldwide feel that the company’s culture has improved since the outbreak began.

The survey also found that 36 percent of employers want employees to return to work five days a week.

Covid India Active Cases

India
123,673
Total active cases
Updated on July 1, 2022 12:38 am

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