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Impact of The Great Resignation on Europe's Tech Skills Market

Publisher IDC
Published May 09, 2022
Length 13 Pages
SKU # IDC17167538

Description

Impact of The Great Resignation on Europe's Tech Skills Market

This IDC Market Perspective examines "The Great Resignation" and analyzes its possible effects. The Great Resignation, a term coined by Dr Anthony Klotz, describes how the U.S. is hit by a large wave of resignations and job shifting. In the U.S., 3% of the workforce has left their positions in the past six months. The question is whether it will hit Europe, and if so in what strength. This document analyzes the drivers and inhibitors that are relevant for the main countries in Europe. A resignation wave is very likely in many countries; it has already begun in the U.K. and can be expected in Netherlands and Germany within six months."The term 'The Great Resignation' has been misinterpreted as a massive wave of people leaving the workforce entirely. In Europe, it is more a matter of reshuffling, with a portion of specialists taking the opportunity to retire. The situation differs vastly among different European countries, but European employers need to prepare for a tired and pandemic-exhausted workforce to begin to look for new jobs. Employee engagement, diversity, and work-life balance needs to be addressed, together with salary and compensation, not least important is the pay gap between different groups in the workforce," said Martin Sundblad, IDC European Skills Research lead.

Please Note: Extended description available upon request.

Table of Contents

13 Pages
Executive Snapshot
New Market Developments and Dynamics
The Great Resignation in the U.S.
Is The Great Resignation a Factor in Europe?
Starting with the Facts
How will This Impact Europe?
France
Conclusion
Germany
Conclusion
Italy
Conclusion
The Netherlands
Conclusion
Poland
Conclusion
Spain
Conclusion
Sweden
Conclusion
The U.K.
Conclusion
Advice for the Technology SKILLS EMPLOYER
Learn More
Related Research
Synopsis
How Do Licenses Work?
Head shot

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