8% of Australian employees changed employers in 2024, down from 9.6% in 2023, reflecting the shift from the Great Resignation to the Great Retention.
The Great Resignation has slowed, giving way to the "Great Retention" in Australia, with 8% of employed Australians changing their employer or business in the 12 months leading to February 2024, down from 9.6% in the previous year. This decrease is consistent across genders. The shift to the Great Retention presents new challenges for employers as employees now focus on job security and work-life balance, rather than seeking new roles.
July 28, 2024
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