52% of millennials and generation Z – that is, people of working age and 40 years or younger– Consider changing jobs in the next twelve months, a sign that the phenomenon that in some countries has been baptized as “the great resignation” is far from over.
In the annual study Index of Labor Trends published this Wednesday by Microsoft, the majority of young people from 31 countries -including Spain, Argentina, Colombia, Brazil, Mexico, USA, China, India, Japan, United Kingdom, Germany, Italy and France- say they contemplate a change professional this year.
Members of these generations – usually defined as people born between 1981 and 2012 – also show a increased interest in working remotely from home and they tend to prioritize their personal lives over their professional lives compared to previous generations, according to the study.
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“The Great Resignation”
“The great resignation” is the way that has been chosen in the United States and other countries to baptize a phenomenon that emerged in the labor market with the covid-19 pandemic, for which an unprecedented number of workers are quitting their jobs or changing companies.
In January of this year – the most recent month for which data is available – 4.25 million people voluntarily left their jobs in the US, according to the US Bureau of Labor Statistics.
This is a much higher figure than was usual before the pandemic -in 2019, the average monthly resignation was 3.5 million; and in 2016, 3 million – and it is close to the historical maximum of the series, registered just a few months ago, last November, when 4.5 million people left their jobs.
The report published this Wednesday by Microsoft helps shed some light on why these resignationssince it indicates that 53% of workers of all ages say that prioritize your health and wellness over worka direct result of the experiences lived during the two years of the pandemic.
This figure fits with US government statistics, according to which the sectors that are experiencing a higher number of resignations are those in which employees have direct contact with the public and are therefore more exposed to the virus, such as restaurants, hospitality, retail and passenger transport.
Women and people with children, at the head
Although this is a general trend, it is in particular people with children (55%) and women (56%) who more predisposed they have to prioritize their health and well-being at work.
Of the 18% of Microsoft respondents who left their jobs in 2021, nearly a quarter said they did so for personal wellness and mental health reasons; another room to reconcile personal and professional life; and 21% for fear of being infected with covid-19.
Interestingly, only 19% of those who quit their jobs said they did so because of have not received salary increases or promotions in categorya reason that had traditionally been considered fundamental when establishing the priorities of a professional career.
By region of the world, Latin America is the place where the pandemic has had the greatest impact on expectations that workers have of their working lifewith 70% of respondents now prioritizing their health over work more than they did in 2019.
In Europe, by contrast, this percentage is only 44%.
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The second annual edition of the Microsoft Workplace Trends Index was compiled from 31,000 surveys conducted in 31 countries and the qualitative analysis of trillions of data from the company’s proprietary professional platforms: LinkedIn and Microsoft 365. (I)
Source: Eluniverso

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