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More workers quit amid pandemic, prefer hybrid work radyonatin.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from radyonatin.com Daily Mail and Mail on Sunday newspapers.
Even in the midst of the pandemic, 4.6 million workers quit their jobs with the Philippines experiencing a whopping 176 percent increase in voluntary resignation across all industries in a phenomenon called “The Great Resignation”, according to a recent study.
Photo courtesy of Sprout Solutions MANILA - A study done by a local software as a service (SaaS) firm, Sprout Solutions, bared that many Filipinos have quit their jobs amid the pandemic, and several also prefer hybrid work. The Philippines posted a 176-percent increase in voluntary resignation across all industries, according to the study. "The average voluntary attrition rate in 2020 was 1.31 percent. In 2021, it rose to 2.27 percent, a 73-percent increase in average voluntary attrition across different industries, that's almost double," Sprout Solutions chief product officer Kislay Chandra said in a webinar on Thursday. The abrupt changes in the working scheme, lack of work-life balance, and the uncertainty over the pandemic were among the reasons why workers opted to quit, based on the study. "These have taken a toll on some employees, especially on their mental health. Management decisions such as lay-offs, salary cuts, and other cost-cutting measures also had a ....