by Jesse Wheeler, The Morning Consult
Higher pay is driving a record number of U.S. workers to quit their jobs—63% of workers who voluntarily left their jobs in the past 12 months cited low pay as either a major or minor reason.
Burnout contributes to higher numbers of quits in certain industries—including approximately 13% in the retail sector.
Much has been made of the “Great Resignation,” which began when workers reprioritized their lives and relationships with work during the pandemic. Workers are increasingly looking to switch jobs amid a historically tight labor market: In March, a record 4.5 million Americans quit their jobs.