By: Debbie Taylor
“It didn’t take very long for companies to go from having employees who would jump ship seemingly at the drop of a hat to today, when turnover has slowed to a crawl. Indeed, many organizations are wondering what to do with all their so-called job huggers — employees who plan to stay in their current role for much longer than anticipated.
One week after the job-hugging term caught fire, new jobs data has again confirmed that people are staying put—in this case, quitting less often than at any non-pandemic time since 2018. The reasons haven’t changed: Workers’ sense of available outside opportunities has plummeted; there’s also a perception that the whole job-search process is a messy slog. What’s more, uncertainty surrounding AI’s impact on the job market is convincing even more people to stay put. “The job hugging trend is very much real right now,” says Brittney Molitor, a Korn Ferry managing consultant in the firm’s Human Resources practice.”
Read more in this Korn Ferry article about job hugging HERE.