A trend that started resurfacing in the US in 2022, and is swiftly making its way over the pond to the UK, has been coined as ‘Quick Quitting’. Not to be confused with ‘Quiet Quitting’, where employees are said to lack drive and ambition by working the bare minimum pay check to pay check. ‘Quick Quitting’ is a term used to describe employees leaving a new role within 12 months. This is not new, Quick Quitting plagued the tech industry in recent years, particularly during the 2022 spike. We are now seeing more of this behaviour infiltrating other sectors with Arts and Recreation, Administration & Support Services, and Financial Services making up the top 5 industries for Quick Quitters.
How do Hiring professionals perceive Quick Quitting?
Traditionally, frequent job moves have been viewed by hiring professionals as a sign of the following; - Unreliability; If this is a simply a flying visit, why invest? - Lack of Resilience; Stay for the good with one foot already out the door in case things gets tough. - Limited ‘Real’ industry experience; your ‘5 years industry experience’ is limited to your longest placement - each time you move, you’re likely to be starting from scratch
What are new hires leaving in the first 12 months
So, with these negative connotations from a hiring perspective, what has led to the rapid adoption of this reoccurring trend? With the rise in viral content discussing how every job switch can earn you more money, help you progress into senior positions, and move up that elusive career ladder quicker, it’s easy to see the appeal. However, as a nation famous for being stuck in their ways, are these the real reasons for these rapid moves? To find out more, I recently polled my LinkedIn network. This revealed some interesting insights. 43% of career moves in the first 12 months were due to company culture, closely followed by a less surprising 40% saying salary. This reveals just how important it is to get company culture right when hiring and retaining employees in 2023. In some instances, a quick move is unavoidable. Toxic work cultures and misaligned expectations of the role you signed up for need a quick resolution for your own sanity. However, for those that are seeking the next salary break or career step up, is 12 months in a new role long enough? As businesses step tentatively into 2023 with the threat of recession looming, stability is going to be ever more key for both employers and employees alike. The big questions is, how will these 'drive-by’ employees hold up in an increasingly cautious job market? If you've had an experience with Quick Quitting (good or bad!), be it from an individual or commercial perspective, we'd love to hear your thoughts. Contact Loren on 020 4549 9931 or email Loren@pro-recruitment.co.uk
