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We’ve had the Great Resignation, quiet quitting and now we’re firmly in the era of ‘job hugging.’ As the name would suggest, job hugging is a term used to describe holding onto your job, but it is more out of necessity, than a genuine desire to stay in the role. According to data from The UK Job and the Market Report from Adzuna around the UK job market, vacancies and average salaries are falling, with employees understandably concerned over the economic uncertainty they find themselves in. The economic uncertainty has resulted in the job hugging trend, which is apparent across the globe.
On the surface, it might seem like job hugging is beneficial to employers, after all, it means they will naturally improve their employee retention levels. However, although this may be the case, it also results in employees remaining in their post because they have to, rather than because they want to. The consequences of this could include:
If you believe that any of your employees are job hugging due to economic uncertainty, rather than a genuine desire to remain in the business, there are ways you can improve workforce engagement.
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For a quick chat or more information about our services, get in touch: