Pent-up Dissatisfaction May Lead to a Significant Exodus of Talent

The article from HRD Canada highlights a concerning trend identified by Glassdoor’s lead economist, Daniel Zhao: a potential surge in “revenge quitting” as employees’ frustration over stalled careers reaches a tipping point. With 65% of surveyed employees feeling stuck, particularly in the tech and advertising sectors, and U.S. quit rates dropping to 1.9%—the lowest since June 2020—employers might enjoy low turnover now, but this could be the calm before the storm. As the job market rebounds, the dissatisfaction may lead to a significant exodus of talent. Organizations should proactively address career development and engagement to mitigate this risk to retain their workforce.

Read the full article here.