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35 Great Resignation Statistics in Australia for 2022

The Great Resignation is on everyone's mind right now. We’ve pulled the most interesting statistics so you can better understand what this unique event means for you, your business and your team.
Published 28 Jan 2022
Updated 9 Feb 2022
6 min read
image of a man leaving a building - great resignation statistics

The Great Resignation is on everyone’s mind right now. We’ve pulled the most interesting statistics so you can better understand what this unique event means for you, your business and your team.

What is the Great Resignation?

Whether you’re an employer or employee, chances are you’ve been hearing this term a lot recently. The phrase comes from the World Economic Forum and their shocking statistic; 41% of employees worldwide plan to leave their jobs this year. 

This isn’t only totally unprecedented, for many employers and HR managers, it’s beyond comprehension. While Europe and the US are starting to see the shock waves of mass turnover already, Australia is experiencing a somewhat delayed experience due to the Delta and Omicron variant. This has meant that it’s not quite here yet, but be warned – it’s coming.

Innovation expert at Gartner, Aaron McEwan, suggests that, based on current trends, we have a few months to prepare for the mass movement. “When we hit March in 2022, we will see the great resignation in Australia,” he told the ABC. “It will be a movement of talent that I think we are unprepared for.”

Who’s driving the Great Resignation and fueling this mass exodus?

On a macro level, we can assume there has been a shift in thinking due to the pandemic, or there will be movement once all border restrictions are eased. For the most part, we can assume that priorities have shifted. Remote working is a large part of everyone’s lives, and the flexibility that comes with it is second to none. Employees now realise that they can have a great career, a stable job and be able to work from wherever they want, whilst still prioritising other commitments. On the other hand, employers are realising that they can have an engaged, loyal and dedicated workforce, without forcing them into the office every day.

But, that’s just based on our assumptions –– and we’re not half as interested in assumptions as we are in practical, helpful advice for small to medium-sized businesses.

How did we find our Great Resignation statistics?

In 2021, we surveyed 1,000 workers from around Australia (between the 30th of August and the 7th of September, 2021). We asked them about their plans for job movement, their career objectives, what would attract them to a business, what would make them stay in their current role, and so much more. It’s a complete snapshot of the current talent sentiment, split into key risk and opportunity groups.

Employers know that their people are everything to their business. Without a great, stable team, it’s impossible to achieve success. That’s why it’s Employment Hero’s mission to make employment easier and more rewarding for everyone. If employment is fulfilling and inspiring, you attract and retain the best the world has to offer.

If you’re going to build the teams you want, now is the time to get organised. Whether you’re looking to retain your current staff or recruit new team members, get ready for the Great Resignation. Armed with these essential insights, you can put in the groundwork now to make sure that this major event works for you.

Interested in reading the full report? Download it here. 

 

35 statistics about the Great Resignation You Need to Know

10 statistics about switching jobs in Australia

 

  1. 40% of workers are planning to look for a new job in the next 6 months (Employment Hero’s Employee Movement and Retention Report)
  2. 48% of workers are planning to look for a new job in the next 12 months (Employment Hero’s Employee Movement and Retention Report)
  3. 55% of managers and senior executives are intending to change roles within the next 12 months (Employment Hero’s Employee Movement and Retention Report)
  4. 66% of those aged 18-24 were planning on changing roles within the year (Employment Hero’s Employee Movement and Retention Report)
  5. 77% of those aged 55+ have no plans to move roles (Employment Hero’s Employee Movement and Retention Report)
  6. Victorians were 14% more likely to want to change role within the year (Employment Hero’s Employee Movement and Retention Report)
  7. 42% of Australian workers said that they are considering or would consider a job overseas (Employment Hero’s Employee Movement and Retention Report)
  8. 28% of workers would like their next role to be in a different industry (Employment Hero’s Employee Movement and Retention Report)
  9. 42% of workers would like their next role to be in a similar industry but a different company (Employment Hero’s Employee Movement and Retention Report)
  10. 29% of workers would like their next role to be a promotion/lateral move (Employment Hero’s Employee Movement and Retention Report)
  11. 77% of those not looking to change are happy where they are (Employment Hero’s Employee Movement and Retention Report)
  12. 20% of those not looking to change believe it would be risky due to COVID (Employment Hero’s Employee Movement and Retention Report)

 

6 statistics behind the reasons for moving jobs in Australia

 

  1. 31% cited lack of career opportunities as a reason for moving (Employment Hero’s Employee Movement and Retention Report)
  2. 30% cited no pay rise as a reason for moving (Employment Hero’s Employee Movement and Retention Report)
  3. 26% cited a lack of appreciation or recognition as a reason for moving (Employment Hero’s Employee Movement and Retention Report)
  4. Workers aged 25-34 were 26% more likely to select ‘lack of career opportunities’ as their top reason for moving jobs (Employment Hero’s Employee Movement and Retention Report)
  5. 39% of workers aged 45-54 cited lack of appreciation or recognition as a reason for leaving (Employment Hero’s Employee Movement and Retention Report)
  6. Employees in large businesses (200+) were 49% to select poor company culture as a reason for leaving (Employment Hero’s Employee Movement and Retention Report)

 

8 statistics about what Australian employees want in their current or future roles

 

  1. 47% of employees want a salary increase (Employment Hero’s Employee Movement and Retention Report)
  2. 25% of employees want a promotion (Employment Hero’s Employee Movement and Retention Report)
  3. 22% of employees want more rewards and recognition (Employment Hero’s Employee Movement and Retention Report)
  4. 21% of employees want more training and development (Employment Hero’s Employee Movement and Retention Report)
  5. 20% of employees want a bonus or introduction of a bonus structure (Employment Hero’s Employee Movement and Retention Report)
  6. 19% of employees want a change in management (Employment Hero’s Employee Movement and Retention Report)
  7. 22% of employees value the support of their wellbeing above all other factors (PWC What Workers Want Report)
  8. 94% of office workers want to work remotely at least 1 day per week (Employment Hero’s Remote Work Report 2021)

 

7 statistics on pay expectations for their next role

 

  1. 21% of employees expect their next pay to be on par with their current role (Employment Hero’s Employee Movement and Retention Report)
  2. 34% of employees expect their next pay to be 10% higher (Employment Hero’s Employee Movement and Retention Report)
  3. 23% of employees expect their next pay to be 20% higher (Employment Hero’s Employee Movement and Retention Report)
  4. 10% of employees expect their next pay to be 30% higher (Employment Hero’s Employee Movement and Retention Report)
  5. 5% of employees expect their next pay to be 40% higher (Employment Hero’s Employee Movement and Retention Report)
  6. 6% of employees expect their next pay to decrease due to a change in industry (Employment Hero’s Employee Movement and Retention Report)
  7. 31% of employees in Victoria expect their next pay to be 20% higher (Employment Hero’s Employee Movement and Retention Report)

 

Get ready to recruit and retain in 2022

2022 is set to be another year of twists and turns for employers and employees. Whether you find yourself ramping up your recruitment effort or turning your focus to employee retention strategies, one thing is clear – focusing on your people is everything right now.

In the current talent market, you might find yourself falling into one of two statuses; recruiting or retaining. However, there’s no point focusing on recruitment if you’re not also considering retention, or vice versa. The two aren’t mutually exclusive. The better your retention strategy, the stronger your employment value proposition (EVP) will be, and the easier it will be to sell your business to great talent.

Our advice? Turn your attention back to growth, but with a people-centric perspective. If people fuel your business, you want to find and keep those who will be invested in seeing your business scale. It takes time, effort and consideration, but the more you invest in your employees, the more you invest in your business.

Jacqui Mikulasev
Content Marketing Specialist - Employment Hero
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