50% are considering leaving their jobs in 2024
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- čas přidán 13. 06. 2024
- 50% are considering leaving their jobs in 2024
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Quitting your job when everyone is desperate to get one seems counterintuitive.
Usually the ones doing it are in a demanding industry. The divide between the haves and have nots gets wider every day and the people leaving their jobs are most often in the haves category.
50% are considering leaving their jobs. But unfortunately, not the 50% that you wish would leave their job! The dead wood will stick around forever if you let them. 😂
😂
Hahaha true.
Exactly why we’re trying to leave. Tired of that 50% lol
Not true. Those who are not job hoppers is what employees. The bottom 50 change too often so they can leave to let those who want to work stay
🎯🎯🎯
I see my ex employer advertising a 30% higher salary 1 year after I left. They refused to give me anything above 2% for a raise despite being fluffed up with praises and compliments during my 1 year review. Companies are the ones who have forced the lack of loyalty in the work place. Why stay at a job more than 2 years if it only leaves you underpaid and over worked.
I’m still at this company I just no longer do this role because I started to collapse from over working. But the new guy they got to do it is now remote, is told not to work overtime whereas for me it was mandatory, he doesn’t have all the in person laboratory work I had to do (this is still my role), and worst of all is paid 50% more than me.
All the while I have it written into my contract how I should be getting a raise but nope. I’m overpaid according to the GM. 😒
I paid off all my debts, including my mortgage, plus I saved a 5-year emergency fund. To chase a better paying career. Meanwhile, I started my own business as a side hustle 😊 one month in no regrets yet.😊
Wow that's amazing!! Any advice for others?
@juicysmith38235 I recommend living below your means. It took me 11 years to pay off my mortgage. It wasn't easy, but it was worth it! I started by paying extra to the principal. Literally, when the pandemic happened, I made my last mortgage payment. After I paid my house, I saved to pay cash for vehicles. I didn't drive new cars either. I landed a 6-figure income job. I basically saved and invested most of my earnings. It wasn't easy, but if I can do it, so can others.
5 year emergency fund? Mannn…I’m at 6 months. I want to push it to a year. But I’m not expecting to be without a job for that long, if the worse is to happen.
@manoftomorrow5987 1 year is sufficient for sure. My living expenses are pretty low. My 5 years emergency is probably 1 year worth for most people that have mortgages and car payments plus credit cards. I am debt free
@@armandoweckmann5699 I only have my rent payments which I’ll convert to a mortgage in the coming years. Don’t have a car payment, drive a company vehicle and plan to keep it that way for some time, even if I change jobs that’s a requirement for me.
The workplace has become beyond tolerable at this point, the level of toxicity is insane. Jumping ship is the only way to receive a fair and legitimate raise and in terms of risk from going to a toxic environment….all these jobs are toxic. I might as well get paid more to deal with the nonsense so yes, I’ll jump ship.
Wage increases are at the end of a cycle. Inflation was hot well before wage increases. Economics 101. The Fed will lower the interest rate one time in December. Job and company loyalty are worth nothing today, absolutely nothing.
Company loyalty is a joke. I spent 12 years in an org only to be laid off. I learned my lesson since then and spend no more than 2-4 years at a company. I’m not looking to make a career anymore. I just look out for the highest salary I can make and go there if accepted. I do the bare minimum by working smarter rather than harder. This boomer mentality of Ken is a thing of the past.
Which will cause inflation to soar again lol. TOo many applicants and home buyers are waiting to jump. Lower rates will cause the hoppers and buyers to get for higher prices and the cycle starts all over lol. We need a Volcker style +10% interest rates to cure this! People will cry and are too soft for that to happen
I’m just waiting to see what my 2025 raise will look like before I go start applying like crazy. For the past 3 years my raises were never less than 90 cents a year. If next year. If they offer me less than 90 cents then I’m out.
If I'm forced to go into an office, I'm staying on the market and continuing my job search until I get something remote. Doing a commute means a broken job situation. If you can live in Cookeville instead of Nashville, you can live on less.
50 percent are considering leaving and the other 50% are in denial about it.
I'm greatful that I have a job but, I was lied to. I only took this job that pays less that I made 16 years ago based on the fact, I was going to make good bonuses that would make up for it. That was a lie because, my very small bonues still have me making less that I was making 16 years ago. The cost of living is so much more today & I just had an eval that was a like a McDonald raise of $.19 which was an insult to the great eval I had plus all the daily stress of this job. I've never got a raise like that.
Bonuses get taxed at a higher rate than base salary.
Question is: when we were at the point where there were 2 jobs available for every person why did we not cut off welfare? Or at least tighten the requirements? Like having to have 1 minimum wage job or a required medical exam to prove eligibility for non work welfare benefits?
As a staffing professional, respectfully you only know the surface level stuff. Employees jumping around are just a reaction to the labor market. We share the sentiment that inflation won’t lower for a while, mostly because the government is only using one tool to fight inflation.
What we need is to lower the bar for more companies to form to incentivize price competition to go lower since 3-5 companies engage in not competing with each other.
Let’s not forget those ceo calls where they say we raised prices beyond inflation and our operating cost because the consumer doesn’t know. This is price gauging and laws exist for this but it’s socialism for the rich or for companies.
I want real capitalism. Lower the barrier to entry where the guy that has tons of experience can start their own thing and compete against these giant corporations to fight inflation or use the Richard Nixon strategy threaten companies and employees that if they raise the price of their services or products that the government is coming after them. But no one has a spine nowadays
Are we still pretending the increase in wages are why prices are the way they are?
Apparently. Forget about raising prices to pad profit margins and CXO bank accounts. Better to blame the victims.
The work force is horrible.
Working in the office is just like being in high school. Just a bunch of insecure rats who don’t have any control over their own lives
People are just DONE of having enough of the 9to5 job bullsh!t.
Material and goods costs increased well before labor costs. Labor increases are a lagging phenomenon
Great Depression 2.0 coming in hot!!! 🔥
Is already here
I’ve been here the same old yap about a depression the past 4 years. Have yet to see it.
Not happening any time soon. You can’t have a recession or depression with inflation. People are still spending far too much money. Maybe in 2025 but not in 2024.
Dont fall behind on ur bills cuz u would have to pay more money u dont have for having bad credit
Well if these people leave can they hire me because I’m unemployed and can’t find a job. Even McDonald’s rejecting me and I have $77k in student loans
Good luck, no one is hiring
Not according to the government, 8 million jobs open..
@@tmm226 yea, not all jobs are created equal. Large increase in low pay, part time jobs
50% of the time it works every time
So incredibly true about everything new wearing off.
This points out in incredibly clear fashion that working a job is a miserable experience for the vast majority of Americans.
Where can I find this podcast episode on Apple Podcasts? I can’t find it
2:41 An increase in price to the cost of wages is only part of the equation here. Price gouging by companies is also a big factor. There are supply chain increases that come into the equation as well, not to mention franchise margins of profit, which can vary depending on location. The only thing I can say for myself is that I will never go back to any kind of food or retail service again. The pay is generally ass, the hours are unstable, customers can be pricks, and a lot of managers are drunk on their "authority."
I am taking a pay cut to career change into finance where my passion is. Once I get licensed, a few years experience, and cfp designation there is soo much opportunity. I will be giving up a lot of flexibility for the first few years
Spoiler Alert peeps: high prices, high interest rates and high inflation for as far as the eye can see.
Let the offshoring/outsourcing begin
Jobs suck just find something you enjoy doing & set up your own thing.
As a high school teacher, I know for a fact that economics and personal finance are taught in schools. Kids need to take responsibility to engage with the information and internalize it. Stop blaming schools!
……. 4 million people left their jobs every month for two years?
50% unemployment???
50% of people are part time workers with income levels at 3 generation lows. Ppl are living in the woods. We have many conversations that needs addressing
Would you leave your job for flipping burgers for 200k? You do? Then the problem is money
There is no trust between emplouyees and employers. Employers consider their staff as resources, overheads and liabilities in maximizing profit for improving the corporate share price and thus their own wealth as they have compensation packages heavily comprised of shares.
Employees have viewed the treatment and actions of employers and will behave in a mercenary and transactional manner now that 'the scales have fallen from their eyes' and they observe the truth, which is reinforced by high inflation and rise in cost-of-living but *not* corresponding pay increases.
Bean-counters and accountants looking to maximize profit ruthlessly have destroyed employee loyalty - everyone that observes this is now working and simultaneously actively searching for better opportunities. The lack of investment in the employment relationship runs both ways.
Leaving your job without another job offer is stupid i hope all these people have another job cause if not they will suffer
Pretty sure giving giving every business owner hundreds of thousands of dollars for PPP loans caused inflation, not the burger flipper. Boat manufacturers, dealerships, etc had record profits due to everyone buying boats and all got PPP loans.
Might not have a choice.
So fucking what, that seems low. Consider is very different from leaving.
Absolute boomer Vibe!
If you are totally 100% unemployed?
You'll take the 1st job offered TO PAY YOUR RENT
UNLESS you are MARRIED & YOU GOT HUZZZZZBAND OR mommy & daddy paying thst rent for you
Good luck 😊
I thought Bidenomics was working?
if people keep leaving and not working then the whole economy will fail and they will all lose everything they worked for cause they want to quit.
Not really. Pay more and people will show up and do the job. Supply/demand. People always whine about supply and demand and blame workers and unions but or why they are entitled to 7 fig salaries but act shocked when it doesn't work in their favor. If employers do not have enough people then a competitor who pays more will provide the service instead. You gotta raise costs. Remember the workers rent has went up 200% since 2018. What was $600 a month is now $1550 for the same apartment. That is now YOUR problem and not his. Inflation sucks
just quit plenty of people want your job so.