US tech industry facing mass exodus as 70% of workers consider exit
72% of US tech workers are thinking about quitting their jobs in the next year, according to a survey from TalentLMS and Workable.
US tech industry facing mass exodus as 70% of workers consider exit
1,200 IT, software and tech workers took part in the study and four in 10 blamed limited career progression in making them consider quitting.
Other reasons most mentioned that made workers consider leaving included non-flexible working hours, toxic work environments, and feeling underappreciated.
Almost a third of respondents noted that a lack of remote working options pushed them to consider other job options.
85% of the respondents said that they thought that their company were more interested in attracting new employees than investing in their existing staff. They suggested that more training and learning would boost their motivation, alongside greater flexibility in where and when they worked.
Additionally, 58% of the respondents complained of suffering from burnout from their job, but only 30% noted it as their top reason for thinking of quitting.
The US is suffering from an increasing labour shortage fuelled by the pandemic, named the ‘Great Resignation’ with record numbers of people quitting their jobs.
Chip companies, including Intel, are hiring current students to aid in their labour shortage amid increased demand for semiconductors.
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