WEBVTT - Many Who Quit During the Great Resignation Are Having Major Regrets

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<v Speaker 1>It's Thursday, March thirty one. I'm Oscar Emiras from the

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<v Speaker 1>Daily Dive podcast in Los Angeles, and this is reopening America.

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<v Speaker 1>Many people who left their jobs during the Great Resignation

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<v Speaker 1>are having regrets about of those that left didn't think

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<v Speaker 1>it was a good idea after all, and many aren't

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<v Speaker 1>even planning to stay very long in their new positions.

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<v Speaker 1>Reasons why they aren't happy ranged from the new role

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<v Speaker 1>being different from what they expected, or even missing the

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<v Speaker 1>culture of their old job. Paul Davidson, economics and Jobs

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<v Speaker 1>reporter at USA Today, joined us for more. Thanks for

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<v Speaker 1>joining us, Paul, sure, thank you. Well, let's talk about

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<v Speaker 1>the Great Resignation, all these people quitting throughout the pandemic

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<v Speaker 1>looking for you know, a lot of different things, either

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<v Speaker 1>being able to work remotely, better work life balance, higher pay,

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<v Speaker 1>better working conditions. All this stuff prompted a lot of

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<v Speaker 1>people to leave their jobs. Until now, a lot of

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<v Speaker 1>the stories that we had been hearing, we're all very

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<v Speaker 1>positive type things, people moving on to bigger, better things.

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<v Speaker 1>But this is kind of the thing I was waiting for,

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<v Speaker 1>because you knew that a lot of people probably had regrets.

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<v Speaker 1>And now a new poll is showing that a lot

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<v Speaker 1>of people that didn't quit their jobs during this time

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<v Speaker 1>are regretting it or they're just not happy with the

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<v Speaker 1>new position that they have. So Paul tell us a

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<v Speaker 1>little bit about it. Yeah, I mean, it was this

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<v Speaker 1>great phenomenon. Every month you had about four million or

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<v Speaker 1>so people leaving their jobs, mostly to switch to other jobs.

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<v Speaker 1>No doubt a lot of people who did quit are

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<v Speaker 1>happy or switch jobs are satisfied. But we decided to

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<v Speaker 1>survey it, and Harris did a survey for us, and

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<v Speaker 1>about one in five people regret either quitting their job,

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<v Speaker 1>and a similar percentage a similar share regret starting their

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<v Speaker 1>new job. But then if you dig a little deeper,

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<v Speaker 1>and when they asked him, you satisfied enough with your

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<v Speaker 1>job to stay in it long term or just to

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<v Speaker 1>stay in your job. Just of those jobs switchers said

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<v Speaker 1>they want to stay in their job, and a third

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<v Speaker 1>are already look for a new position. So in one

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<v Speaker 1>way or another, you know, it seems like most of

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<v Speaker 1>the people who who quit or switch jobs are are

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<v Speaker 1>not really content, you know, ab out and out regret it.

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<v Speaker 1>But others you know, aren't really content inherent new jobs.

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<v Speaker 1>So yeah, you had sort of this kind of frenzy,

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<v Speaker 1>I mean, driven by the pandemic and the worker shortages

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<v Speaker 1>that the pandemics spawned. You know, lots of job openings.

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<v Speaker 1>People really employers really struggle to find workers, and so

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<v Speaker 1>there's a plethora of jobs out there enticing a lot

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<v Speaker 1>of people, a lot of people, so higher wages, largely

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<v Speaker 1>higher wages, and just you know, new and different opportunities.

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<v Speaker 1>They were being rude and courted by new employers and uh,

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<v Speaker 1>you know, very exciting, you know, and in the same

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<v Speaker 1>time they're maybe a little burnt out from working hard

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<v Speaker 1>at their current job in their pandemic, and so they switched.

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<v Speaker 1>But you know, when you do things very quickly, sometimes

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<v Speaker 1>it doesn't always work out. And that seems to be

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<v Speaker 1>what this survey is showing. You have to wonder exactly why,

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<v Speaker 1>you know, why they're not so happy. So through some

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<v Speaker 1>of these other stats that we got through this, it

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<v Speaker 1>really seems like just the change really wasn't the right

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<v Speaker 1>thing for them, so said, the new role was different

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<v Speaker 1>from what they expected when they got there, missed the

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<v Speaker 1>culture of the previous job, So you know, kind of

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<v Speaker 1>you might have been kind of happy, maybe left in

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<v Speaker 1>a hurry or something for something bigger and better, and

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<v Speaker 1>then man, I really missed the people there or how

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<v Speaker 1>things operated. So that's what a lot of people were experiencing.

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<v Speaker 1>Some people said they were just focusing too much on

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<v Speaker 1>the money and when they got there, it wasn't what

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<v Speaker 1>they expected. Yeah, that's exactly right about a quarter, so

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<v Speaker 1>they didn't really fully evaluate the pros and cons. Like

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<v Speaker 1>you said, about a quarter, Mr. Culture, thirty six percent

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<v Speaker 1>said they weren't really happy with the work life balance

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<v Speaker 1>at the new job. So yeah, I think a lot

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<v Speaker 1>of it seems to have to do with the speed

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<v Speaker 1>with which it all happened. I mean, you know, you

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<v Speaker 1>have companies in many cases desperate to hire workers. I

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<v Speaker 1>mean a lot of them have been looking for months

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<v Speaker 1>because of these workers shortages. And so you know what

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<v Speaker 1>some staffing people are telling me is that, you know,

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<v Speaker 1>they're trying to get somebody in quickly, and you know,

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<v Speaker 1>they may in some cases over state what exactly the

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<v Speaker 1>new job is going to be. Like they may promise

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<v Speaker 1>certain hours, very flexible, very reasonable, nine to five hours,

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<v Speaker 1>and then it may be something different. They may overstate

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<v Speaker 1>the sort of content of the job, exactly what they'll

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<v Speaker 1>be doing, making sound like it's a more creative role,

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<v Speaker 1>when in fact it's maybe more logistical or administrative. So

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<v Speaker 1>you know, it was a very fast process in a

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<v Speaker 1>lot of cases. And so yeah, the people who switched

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<v Speaker 1>may be switching because they have sort of one thing

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<v Speaker 1>in mind that's really exciting them. It could be either

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<v Speaker 1>wage higher wage when when they haven't had a raise

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<v Speaker 1>in a long time. In some cases, you know, people

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<v Speaker 1>a lot of people who really want to stay work remotely.

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<v Speaker 1>You know, they knew they were going to work remotely.

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<v Speaker 1>I mean they did work remotely during the pandemic, but

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<v Speaker 1>then they not a cases, got called back to the

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<v Speaker 1>office at least for some days a week, or they

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<v Speaker 1>knew they were going to get called back, so they

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<v Speaker 1>just had it in their mind they didn't want to

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<v Speaker 1>go back to an office. They liked working from home. Yeah,

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<v Speaker 1>for a lot of companies, that part of it was

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<v Speaker 1>all was like an evolving thing and where they said, yeah,

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<v Speaker 1>you can work remotely permanently, all that stuff quickly changed.

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<v Speaker 1>This one was also interesting too because a lot of

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<v Speaker 1>people just kind of rage quit. They just said, hey,

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<v Speaker 1>I'm done with this, I'm gonna leave. Of those people

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<v Speaker 1>try to get their job back right, that was a

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<v Speaker 1>survey that another company did. Yeah, I mean you think

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<v Speaker 1>about certainly some lower paid workers in what's considered these

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<v Speaker 1>frontline industries restaurants, retail. They're working really hard because a

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<v Speaker 1>lot of their colleagues aren't working for whatever reason. They're

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<v Speaker 1>they're they're workers shortages, so they're like working over time,

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<v Speaker 1>you know, getting a little burned out. In some cases,

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<v Speaker 1>they don't feel like they were appreciated, and uh, yeah,

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<v Speaker 1>a lot of people are kind of quitting their rage

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<v Speaker 1>and again a quick move and maybe they again took

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<v Speaker 1>another job and uh again, may not have fully evaluated

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<v Speaker 1>the ramifications of maybe just quitting and then not having

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<v Speaker 1>income or quitting for another job. But you know, they

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<v Speaker 1>really didn't think through the other job in terms of

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<v Speaker 1>the lifestyle they're working, conditions, the benefits. So yeah, it's

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<v Speaker 1>sort of reality setting in totally. Yeah, and you know,

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<v Speaker 1>there's so many angles with the great resignation, the Great

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<v Speaker 1>reshuffling they call it. You know, this is another angle

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<v Speaker 1>that hadn't really been explored until now, So good to

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<v Speaker 1>see that we can get some numbers on it. And yeah,

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<v Speaker 1>a lot of people, you know, not necessarily happy having

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<v Speaker 1>left what they did have Paul Davidson, Economics and Jobs

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<v Speaker 1>reporter at USA Today. Thank you very much for joining us. Sure,

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<v Speaker 1>thanks for having me. I'm Oscar Ameres and this has

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<v Speaker 1>been reopening America. Don't forget effort Today's big news stories.

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<v Speaker 1>You can check me out on the Daily Dive podcast

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<v Speaker 1>every Monday through Friday. So follow us in iHeart radio

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<v Speaker 1>or wherever you get your podcast FA