According to the report, the round of employee resignations is going to continue unabated in 2022 as well. 61 percent of India's workers are willing to pay less and give up a pay increase or promotion to strike a balance between a better life and a job.

Big claims have been made about India's job market. In a report by Employment and Recruitment Agency Michael Page, it has been said that 86 percent of the employees of the country's companies are planning to leave the job in the next six months.

According to the report, the round of employee resignations is going to continue unabated in 2022 as well. Michael Page's report states that 61 percent of India's workers are willing to pay less and give up a pay increase or promotion for a better life and job balance. This trend has continued in the last two years after the corona epidemic and it may intensify further in 2022.

According to the report, this trend will continue in 2022 across all markets, industries, seniors and employees of different age groups. There is no sign of deficiency in it. Overall, there is a possibility of massive talent migration in the next few months.

11 percent resignation regarding work arrangements and covid policies

There is a lot of unhappiness among employees about the company's work arrangements (hybrid or work from home, etc.) and the company's policies related to Kovid. But, the report said, there are only 11 per cent employees who have resigned or are planning to resign due to these reasons.

These are the main reasons for resignations

According to Michael Page, the main reasons for employee resignations include career advancement, higher pay, change in job role and job satisfaction. According to the report, salary, bonus and incentive rewards are the most motivating for the employees. According to the report, employers are emphasizing on it more than 29 percent. At the same time, a lot of company brand is 110 per cent important to candidates in the opinion of employers. The surge in resignations is also one of the reasons why employees are looking for jobs in a company with the right values and work culture.