14 Jun 2022

The Great Resignation: people quitting outnumber job applications

From Nine To Noon, 9:05 am on 14 June 2022
small business, people and service concept - man or bartender serving customer at coffee shop

Photo: 123rf

There are warnings of a "Great Resignation" with staff turnover in many sectors reaching up to 50 per cent.

That's according to the annual Salary and Employment Report by human resources platform MyHR, covering more than 1,250 companies, and 27,000 employees, in New Zealand between 2019 and 2022. 

In data also out today, job advertisements  rose to a record high, up 3-percent, in May. 

 Employment website Seek says this is 15-percent higher than this time last year

Applications for those jobs fell by 4-percent.

There's been a sharp increase in demand for workers in particular in retail, hospitality and community services.

So what does this all mean for workers and employers? 

Kathryn is joined by MyHR chief executive Jason Ennor and Professor of Human Resource Management at AUT's Department of Management Jarrod Haar.