4.6M Filipinos quit their jobs amid the pandemic
About 4.6 million Filipino workers quit their jobs even during the pandemic, contributing to the country’s 176% increase in voluntary resignation across all industries, according to a recent study by Software as a Service (SaaS) company Sprout Solutions.
Sprout Solutions’ Chief Product Officer Kislay Chandra said that the average voluntary attrition rate increased by almost double from 2020’s 1.31% to 2021’s 2.27%.
Chandra stated the top industries affected by this are the professional, scientific, and technical services industries with a 274% increase in attrition.
The information and communication sector also experienced a 117.14% attrition rate increase last year.
Sprout’s report found various factors that influenced an employee’s decision to resign. This includes abrupt changes in the working setup, a lack of work-life balance, and uncertainty over the pandemic.
Management decisions such as lay-offs, salary cuts, and other cost-cutting measures also had a role to play in a worker’s resignation.
Sprout’s Chief People & Customer Officer, Atty. Arlene De Castro added that the pandemic led people to assess their current situations and think about what they truly want to do.
She explained that “some were encouraged to pursue their dream jobs, while others had other plans like being a stay-at-home parent.
