Resignations rife this week more than at any other time of the year

By ANI
Wednesday, September 15, 2010

LONDON - Some 37 pc of the year’s total resignations are expected to come this week alone - more than at any other time of the year, a new study has claimed.

Employers are expecting flood of resignations as a bad case of holiday blues kicks in among the workforce.

The second most popular time to quit is the first week of February, as workers get itchy feet following the Christmas break.

The research showed that while many career changes are triggered by the key holiday periods, it takes candidates on average four weeks to job hunt and attend interviews, then a further four weeks to work through their notice period.

This means the majority of post-summer quitters will not start their new roles until the beginning of November.

“This week will see hundreds of thousands of people handing in their notice across the UK and Ireland,” Sky News quoted Lee Durrant, managing director of Resource on Demand, as saying.

“The catalyst is often the summer break, people return from their time away looking to progress or alter their career path.

“After mulling it over on a beach, job hunting, applying, interviewing and working their notice, many candidates will naturally opt to this week hand in their notice and so a merry-go-round of the jobs market will begin.”

The findings follow a July study by the Institute of Leadership and Management which revealed that 40 pc of workers do not return from their holidays feeling more relaxed than before they left. (ANI)

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