LOS ANGELES, Aug. 12, 2021 – As the global pandemic shifts the paradigm on professionals’ thoughts regarding quitting their jobs, a new Korn Ferry survey sheds light on why they may feel the need to hand in that pink slip.
The largest percentage of professionals (36 percent) say they are planning on taking a new job in the near future because the pandemic allowed them to re-evaluate what they want and make the change they need.
“The last 18 months have given us all a lot of time for introspection, and many professionals realize that the day-to-day grind of their jobs just isn’t worth it, and it’s time to pursue work options that are more fulfilling and provide purpose,” said Korn Ferry Workforce Transformation Practice Leader Elise Freedman.
Nearly a third (31 percent) of respondents say they would quit their job without another one lined up, and nearly half (45 percent) say they are more likely now than pre-pandemic to leave a role without another job secured.
“For some people, leaving a job has more to do with leaving a particular company because of burnout or even boredom, but for others, an entire career change may be what they are looking for,” said Freedman. “Many people are taking the time to really do a self-analysis on what they’re good at and what motivates them. Time between jobs may be necessary to ensure they are pursuing the right path.”
The survey shows that leaving an unsatisfying job may be the best option for many. Eighty-five percent of respondents say they have never regretted a decision to quit.
About the survey
684 professionals responded to the Korn Ferry survey in mid-July 2021.
Would you quit your job even if you didn’t have another one lined up?
Yes 31 percent
No 69 percent
Would you be more likely now to quit your job without another one lined up than you would have been pre-pandemic?
Yes 45 percent
No 55 percent
If you plan to take a different job in the near future, what’s the top reason?
More salary/benefits 25 percent
The pandemic allowed me to
reevaluate what I want and the change I need 36 percent
I don’t like the culture at my current organization 32 percent
My boss 7 percent
Have you ever quit a job and then regretted your decision?
Yes 15 percent
No 85 percent
Would you turn down a job offer if you were required to go to the office every day?
Yes 43 percent
No 57 percent
About Korn Ferry
Korn Ferry is a global organizational consulting firm. We work with our clients to design optimal organization structures, roles, and responsibilities. We help them hire the right people and advise them on how to reward and motivate their workforce while developing professionals as they navigate and advance their careers.