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Maybe it’s the paltry pay, a finicky boss, or ridiculously long work hours — whatever it is, every employee has a boiling point. According to a new survey, the No. 1 vexation among co-workers worldwide that would drive most of us to yell, “I quit!”… and that’s minimal wage growth, CNN Money reports.
The survey, conducted by EY, surveyed about 10,000 employees in eight of the world’s largest economies including the United States, Brazil, Mexico, India, Japan, and China.
After stagnating salaries, a lack of advancement opportunities came in second place for quit-worthy factors. According to a 2014 LinkedIn survey, slim opportunities for advancement was the No.1 reason why workers left their jobs in the U.S., The Washington Post said.
Other reasons for throwing in the towel include work environments that do not foster teamwork (71 percent); bosses who do not allow flexibility on when and where their employees work, such as telecommuting (65 percent); and offices that punish their workers for opting for more flexible schedules (67 percent).
CNN Money points to a term called “flexibility stigma” — workplaces that say they offer easygoing schedules for employees, but really, they would rather you not. These workplaces create a fear culture where employees are too afraid to take on more flexible schedules. “For instance, they worry they could be penalized by being passed over for promotion, not getting a raise or worse,” CNN Money added.
Another pain in the rear for employees is a high demand for overnight business travel — 62 percent would quit in a minute.
Most interestingly, CNN Money adds, more than half would jump ship if their co-workers didn’t share the same life hassles as they did.
“They would leave a job if there…are too few senior managers who are juggling busy family lives — e.g., those who have kids or those who have kids and a spouse who also works.”
Just last week, we reported on a separate survey that found respect was most important to workers. However, respect also comes in the form of financial reward. Paying a competitive salary shows that workers are appreciated and their work, valued.
Can you relate to any of these leading factors for quitting?
