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CEO NA Magazine > News > Low Pay Main Reason for Worker Resignations, Followed by Lack of Opportunities for Advancement

Low Pay Main Reason for Worker Resignations, Followed by Lack of Opportunities for Advancement

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Low Pay Main Reason for Worker Resignations, Followed by Lack of Opportunities for Advancement
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For 63% of American workers who quit a job in 2021 low-pay was a factor with 37% saying it was the top reason for resigning, according to a survey by the Pew Research Center.

A second major reason for resignation was no opportunities for advancement, at 63% as well, followed by feeling disrespected at work which was at least a factor in 57% of resignations.

According to the US Bureau of Labor statistics 47.8 million Americans quit their jobs in 2021, the highest number since records started being kept in 2001, with 4.3 million quitting their jobs in January 2022.

Of the workers who quit 78% were employed again at the time of the Pew survey, with 33% saying it had been very easy to encounter a new job, 56% saying they were earning more money and 53% saying they had more opportunities for advancement.

Among other reasons for quitting the fact that the employer required a COVID-19 vaccine was a factor for 18% of Americans who quit their jobs.

Tags: labo shortagequitsworker resignations

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