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World – ‘Great Re-Evaluation’: two in five professionals changing or considering new careers

20 October 2021

In what may be a “Great Re-Evaluation,” two in five employees are already changing or considering new careers and 41% are considering moving to jobs with more flexible options. This is according to a global survey by LHH, an outplacement provider that is part of The Adecco Group.

“What we’re seeing is actually not yet a Great Resignation when it comes to non-hourly workers, but rather a Great Re-Evaluation in which salaried employees are seeing more possibilities available to them, which puts everything on the table,” said Anders Lundholm, managing director – Hong Kong, LHH. “Companies need to recognise the warning signs that great talent could soon be walking out the door and address demands for increased work-life balance and career advancement opportunities.”

Two-thirds of workers are confident that companies will start significant hiring again and less than half are satisfied with career prospects at their current company, according to the survey.

Other findings include:

  • Less than half are satisfied with career prospects at their company and only 37% of nonmanagers say their company is effectively investing in developing their skills
  • Only 48% of workers say their managers meet or exceed expectations for encouraging a good working culture
  • Just 50% of workers say their managers meet or exceed expectations for helping support their work-life balance
  • 67% of non-managers say leaders don’t meet their expectations for checking on their mental well-being

The research was based on a survey of 14,800 workers in 25 countries.