In 2021, a wave of resignation started with different phases as an after-effect of the coronavirus pandemic. However, the ‘Great Indian Resignation’, which got its title for the resignation waves, has continued till 2022 and even 2023 despite the COVID-19-related limitation being majorly lifted. This showed how other factors were also having a role to play in the aftermath.
The latest report released by Harappa Insights has shown some shocking reasons why Indian employees are leaving their jobs at a mass level. 80 working professionals were part of the survey that was organized all over India from May to June last year in order to understand the reasons that are driving the employees to leave their job positions. Read below to find those eye-opening reasons.
Toxic bosses and toxic workplaces are shown to be the top two reasons for the great Indian resignation. This is contrary to a famous belief and views that employees are leaving their jobs for better salaries and well-placed jobs. 58% of the respondents in the survey said that they quit because of toxic bosses who promoted unhealthy competition between colleagues and also didn’t give major importance to their health and wellness.
Toxic workplaces ranked as the second biggest reason with 54% of employees sharing the blame on office politics and unethical employers. 42% of respondents said that their career growth has stagnated, which led to their resignations, whereas 33% blamed a mismatch between personal values and company values. It is just 20% of respondents shared that they quit their jobs for a good salary at other places, but 11% said that the absence of remote work options made them resign from their workplaces. Only 6% wanted to opt for higher education and thus, they quit their jobs.
The report also found that 86% of employees in India are planning to resign in the next six months, whereas 61% of employees would be delighted to get lower pay if they are provided with a work-life balance.
If you find more employees seeking new job opportunities on LinkedIn or news about layoff seasons in companies all over India in the coming years, then you know who and what is to be blamed for. It is not just the pandemic that changed the work landscape in India but also the attitude of bosses towards their employees and ways to earn quick revenues and profits that is changing the future of work.
It is not as if the employees who stay back in their jobs are quite happy and satisfied with their careers and it is also not that those who resign are the opportunistic ones. The changing times pose a lot of questions in the coming years of how much one needs to spend on education and lifestyle that will help them get a job and also prioritize their health and family. If the same loopholes in the job industry continue, then there will be a time when more unskilled and unethical employees will be sitting in top positions while skilled and good-natured people will be out of the Indian labor market.