3 top reasons for record job quits: Bad pay, bad opportunities, bad bosses
CBSN
Americans continue to quit their jobs at near-record rates, with 4.3 million people handing in their resignations in January, the government said Wednesday. Economists have pointed to a tight labor market for driving the so-called "Great Resignation" — but workers themselves blame bad pay, bad opportunities and bad bosses.
The Great Resignation has sparked a reevaluation of work, with employers rolling out more generous benefits and pay packages to hire and maintain workers. But employees are increasingly looking for more from their jobs, including better compensation and more flexibility, leading to a record-high rate of quitting.
Low pay, a dearth of opportunities for advancement, and feeling disrespected at work are the top three reasons why Americans quit their jobs in 2021, with about 6 in 10 workers citing those reasons as drivers for their resignations, according to a new report from Pew Research based on responses from people who resigned last year.
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