4th July 2022

Emphasis on conditions and well-being as C-suite joins The Great Resignation

Recruitment

Burned out executives considering joining The Great Resignation

Research commissioned by Deloitte across most of the Anglosphere (the US, the UK, Canada and Australia) suggests that nearly 70% of executives are seriously considering quitting their jobs. Contrast this with nonexecutive employees, where the equivalent number is put at 57%.

Digging deeper beneath the headline, the survey of 2,100 executives shows that:

Dismantling pressurised corporate culture

One way to interpret the output from this research is that it seems that the time has come to review and dismantle the aspects of corporate culture that normalise long hours and pressure cooker working environments. Quite simply, executives, as well as employees that started resigning en masse, are no longer willing to tolerate jobs that leave them constantly burned out and exhausted.

However, rather than leaving to pursue a more leisurely and less stressful life, it looks like many just want to take a break and have the intention of climbing back into the saddle, just not on the same horse.

Takeaways for recruiters and employers

Some are likely to consider freelancing and contracting as interim executives as a way of keeping their options open. This provides the opportunity to try out working for different companies at a high level, while commanding good pay and retaining career control.

Ultimately, many are likely to pick their careers up again with new permanent employers, only they will be looking for a much better deal in terms of conditions and well-being – placing a firm emphasis on ‘life’ in the work-life balance.

As the longer tail of Covid’s impact on the economy and the jobs market becomes clearer, one thing is obvious. Employers and their recruitment partners are going to need to produce compelling pay, conditions and benefits packages if they want to attract and keep hold of their next middle management, C-suite and leadership hires.

Streamline your back office with ETZ

ETZ is the RecTech partner of choice, helping agencies to navigate the pitfalls and obtain excellent value from technology. ETZ’s leading timesheet, invoicing and payment solution, and complementary Caspian business intelligence platform are both purpose-built for the recruitment industry. To find out more call us on +61 (0) 405 458 821 or book a demo.



Download your free guide

7 smart ideas to grow your recruitment agency.

Download Now
Download your free guide

Latest Posts

Recruitment, RecTech

Efficient recruitment back office operations: A guide to advanced automation with ETZEfficient recruitment back office operations: A guide to advanced automation with ETZ

15th September 2023

Boosting operational efficiency in the recruitment back office The back office of a recruitment agency plays a pivotal role in...

Read more
AI, Recruitment

Thought leadership? The most progressive recruiters will aspire to ‘thought readership’!Thought leadership? The most progressive recruiters will aspire to ‘thought readership’!

1st September 2023

Does ‘thought readership’ have a place in recruitment? In recruitment, in the battle for audience engagement, just like any other...

Read more
RecTech

Unleashing the power of RecTech: The recruitment agency investment that keeps on givingUnleashing the power of RecTech: The recruitment agency investment that keeps on giving

28th August 2023

Mastering RecTech determines your level of success The operating environment is dynamic and fast-moving. The opposition is aggressive and hungry...

Read more

See what ETZ could do for your agency with an online demo

Save hassle, time and money with our powerful software.

Book a Demo

Sign Up To Our Newsletter