The pandemic had many long-lasting effects, and the Great Resignation may have had some of the most far-reaching consequences.
Increasingly, people have recognized that they are in the power seat and are moving to better jobs because of it. They know they can get ahead financially by moving to a new company or role.
Here is a list of five reasons people quit their jobs and four things you can look for in your next role if you want a more fulfilling one.
Get paid up to $225 a month while watching viral videos
Instead of sitting around watching viral videos on YouTube, you could be getting paid actual cash taking surveys for InboxDollars instead.
It's simple. You sign up here and confirm your email. Then you watch videos and take surveys. Then you earn cash (yes, actual cash … not "points"). Log in during your spare time and see how you can earn up to an extra $225 every month.
BONUS: Free $5 when you sign up, confirm your email and phone.
Sign up and start getting paid today
1. The pay is too low
While the federal minimum wage is an ongoing source of political contention, employees took the matter into their own hands and quit their low-paying jobs in record numbers.
In late 2022, 46% of workers planned to quit during 2023, with the majority seeking a higher salary. People recognize that they can make more money if they move on.
2. No opportunity for advancement
Besides low pay, 63% of workers also cited the lack of potential for advancement in their position as their reason for quitting.
This makes sense. If workers aren’t making much money and know they never will, they'll likely be looking for a better opportunity.
But a promotion is also a sign of respect, and if an employee realizes an employer doesn’t promote from within, they may not be committed to the job.
3. They don’t feel respected
Respect played a big part in the Great Resignation, with 57% of workers citing feeling “disrespected at work” as a reason they quit.
Being taken seriously and being listened to is a winning strategy for just about everyone. If you don't feel that way about your current organization, then it might be time to look for something new.
Resolve $10,000 or more of your debt
Credit card debt is suffocating. It constantly weighs on your mind and controls every choice you make. You can end up emotionally and even physically drained from it. And even though you make regular payments, it feels like you can never make any progress because of the interest.
National Debt Relief could help you resolve your credit card debt with an affordable plan that works for you. Just tell them your situation, then find out your debt relief options.1 <p>Clients who are able to stay with the program and get all their debt settled realize approximate savings of 46% before fees, or 25% including our fees, over 12 to 48 months. All claims are based on enrolled debts. Not all debts are eligible for enrollment. Not all clients complete our program for various reasons, including their ability to save sufficient funds. Estimates based on prior results, which will vary based on specific circumstances. We do not guarantee that your debts will be lowered by a specific amount or percentage or that you will be debt-free within a specific period of time. We do not assume consumer debt, make monthly payments to creditors or provide tax, bankruptcy, accounting or legal advice or credit repair services. Not available in all states. Please contact a tax professional to discuss tax consequences of settlement. Please consult with a bankruptcy attorney for more information on bankruptcy. Depending on your state, we may be available to recommend a local tax professional and/or bankruptcy attorney. Read and understand all program materials prior to enrollment, including potential adverse impact on credit rating.</p>
How to get National Debt Relief to help you resolve your debt: Sign up for a free debt assessment here. (Do not skip this step!) By signing up for a free assessment, National Debt Relief can assist you in settling your debt, but only if you schedule the assessment.
4. Childcare issues
The pandemic brought many already simmering issues to a boiling point for workers, with childcare being the greatest. Nearly half the workers who quit during the Great Resignation named childcare as a major reason.
Having a child learn remotely when the parent was trying to work played a large role in this, but infant care, summer vacation, and sick days have always been issues for working parents.
You may now realize that you can find a job that enables you to work from home, provides child care when your child is sick, or helps you with your younger children.
5. They were working jobs that didn’t work for them
Issues like flexibility, too little PTO, and subpar health insurance packages were also cited as significant factors for workers quitting their jobs.
The Great Resignation seemed to boil down to workers realizing they could do better. The pandemic reminded them that we all have one life to live.
Trending Stories
What you can look for in a new role
If you feel like it's time to look for something new, you're not alone. Some employers are listening to workers' demands and trying to provide the things you may crave.
Let's look at some things employers are starting to offer or change that you might value as you're looking for a new role.
1. Higher wages
Low pay and lack of advancement are the primary reasons people quit. Companies that pay employees more money will have a leg-up on finding the best talent.
If you can find a role that you qualify for and that pays more than the market, that might be the right company to find a job at since they value their employees more than others.
2. Companies with beefed up benefits
Providing better family leave, in-office daycare, better health insurance options, or more PTO are among the ways you can identify employers trying to make their company an appealing workplace.
Receiving another week of vacation can be a huge boon to your creativity and work/life balance. It can make a difference in feeling like you can actually breathe and be productive in your personal and professional life.
3. Companies wanting to help you grow
Pumping up a team is important for morale, but if this is the limit of a company's motivational strategy, the employees are likely to feel like just another number.
If you feel underappreciated for your work, you might burn out. To combat this, some companies are investing in their employees by helping them individually.
Recruiters who mention mentorship or the value they have in internal employee growth are great things to look for in a new company if you crave improvement or recognition.
Earn cash back on everyday purchases with this rare account
Want to earn cash back on your everyday purchases without using a credit card? With the Discover®️ Cashback Debit Checking account (member FDIC), you can earn 1% cash back on up to $3,000 in debit card purchases each month!2 <p>See website for details.</p>
With no credit check to apply and no monthly fees to worry about, you can earn nearly passive income on purchases you’re making anyway — up to an extra $360 a year!
This rare checking account has other great perks too, like access to your paycheck up to 2 days early with Early Pay, no minimum deposit or monthly balance requirements, over 60K fee-free ATMs, and the ability to add cash to your account at Walmart stores nationwide.
Don’t leave money on the table — it only takes minutes to apply and it won’t impact your credit score.
4. Respect
If a company offers all three of the previous things, then there's a good chance it greatly respects its employees.
The company values will give you great insight into the company itself. Do their values center around growing as fast as possible and making as much money as possible? Those things are important, but company values are what you'll live every day.
If a company craves employees who collaborate and grow with it, then it'll likely have specific values that speak to it. Find ones that align with what you're looking for.
Bottom line
People are realizing they can always level up with a new role. While many are still quitting, plenty are finding the roles they want to help them stop living paycheck to paycheck and improve their mental health.
You can improve your financial situation and find a role that is a good fit and values your efforts. If that's what you want, make sure you know what you're looking for.
Subscribe Today
Want extra-cash moves to come right to you?
Stop browsing endlessly. Get proven ways to earn pocket money, help cover rent, and crush your debt — sent to your inbox daily.