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More Than a Quarter of Workers May Quit Their Jobs this Year

Amid speculation of entering a second Great Resignation, 28% of US workers are “somewhat” or “highly likely” to quit their jobs in 2024, according to a survey released by ResumeBuilder.com.

The survey found that Gen Z and younger millennial workers are more inclined to quit than older respondents, with 37% of 18- to 24-year-olds and 35% of 25- to 34-year-olds “somewhat” or “highly likely” to leave their jobs.

Top reasons for quitting include:

  • Low pay, 56%
  • Seeking better benefits, 44%
  • Excessive work stress, 43%

Other reasons cited include a lack of advancement, a heavy workload, a desire to change industries, disagreement with work policies, a desire for an easier job, the need to care for children and workplaces pushing new technology.

“Younger workers tend to switch jobs at a higher rate because they are trying to determine what type of function, industry and environment would work best for them,” Julia Toothacre, ResumeBuilder’s resume and career strategist, said in a press release.

“Along with that, you can increase your salary quicker when you change jobs every few years, and those early career years are the best time to do that.”

Among industries having at least 40 workers, the service/hospitality sector at 35% emerged as the most likely to be impacted by resignations, followed by tech and finance, both at 34%.

Top priorities for those seeking new jobs in 2024 include higher salaries, better benefits, the option to work remotely, more flexibility, higher-level positions, the ability to work in-person and self-employment.

The online survey includes responses from 1,000 workers aged 18 and older currently employed full time. It was conducted on July 10.

Source: Staffing Industry Analysts

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