Talk of the 'Great Resignation' has been dominating headlines for months now, and it’s not hard to see why.
The trend is currently sweeping across the country, after a staggering 1.3 million people walked away from their jobs last year, according to the ABS.
664,300 Aussies were either in the process of changing jobs or looking for a new position in May alone in 2022, says CommSec’s Chief Equities Economist Craig James.
Of course, it's not just Australia that is seeing a mass exodus. The phenomenon has been playing out all over the world, spurred on by the pandemic.
"The pandemic has caused people to reassess how they want to live, work and play effectively. So we are seeing across the globe, people are reassessing what work they want to do and how they want to do that work," James tells Mamamia.
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For some, it’s the promise of a more fulfilling role, flexible work arrangements or a dream to start their own business that encourages them to hand in their resignation letter.