“I’m Outta Here” – Korn Ferry Survey Reveals Reasons Behind Great Resignation

LOS ANGELES, Aug. 12, 2021 – As the global pandemic shifts the paradigm on professionals’ thoughts regarding quitting their jobs, a new Korn Ferry survey sheds light on why they may feel the need to hand in that pink slip.

The largest percentage of professionals (36 percent) say they are planning on taking a new job in the near future because the pandemic allowed them to re-evaluate what they want and make the change they need.

“The last 18 months have given us all a lot of time for introspection, and many professionals realize that the day-to-day grind of their jobs just isn’t worth it, and it’s time to pursue work options that are more fulfilling and provide purpose,” said Korn Ferry Workforce Transformation Practice Leader Elise Freedman.

Nearly a third (31 percent) of respondents say they would quit their job without another one lined up, and nearly half (45 percent) say they are more likely now than pre-pandemic to leave a role without another job secured.

“For some people, leaving a job has more to do with leaving a particular company because of burnout or even boredom, but for others, an entire career change may be what they are looking for,” said Freedman. “Many people are taking the time to really do a self-analysis on what they’re good at and what motivates them. Time between jobs may be necessary to ensure they are pursuing the right path.”

The survey shows that leaving an unsatisfying job may be the best option for many. Eighty-five percent of respondents say they have never regretted a decision to quit.

About the survey

684 professionals responded to the Korn Ferry survey in mid-July 2021.

Survey results

Would you quit your job even if you didn’t have another one lined up?

Yes                                                                              31 percent

No                                                                               69 percent

Would you be more likely now to quit your job without another one lined up than you would have been pre-pandemic?

Yes                                                                              45 percent

No                                                                               55 percent

If you plan to take a different job in the near future, what’s the top reason?

More salary/benefits                                                   25 percent

The pandemic allowed me to 

reevaluate what I want and the change I need          36 percent

I don’t like the culture at my current organization       32 percent

My boss                                                                         7 percent

Have you ever quit a job and then regretted your decision?

Yes                                                                              15 percent

No                                                                               85 percent

Would you turn down a job offer if you were required to go to the office every day?

Yes                                                                              43 percent

No                                                                               57 percent

About Korn Ferry

Korn Ferry is a global organizational consulting firm. We work with our clients to design optimal organization structures, roles, and responsibilities. We help them hire the right people and advise them on how to reward and motivate their workforce while developing professionals as they navigate and advance their careers.

Media Contact:

Tracy Kurschner

Tracy.kurschner@kornferry.com

612.309.3957

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