Understanding the Drivers Behind Employee Resignations in Mexico: Insights from ENOE
Survey Reveals: Labor Conflicts and Boss Issues Main Causes of Resignations in Mexico
The latest data from the National Occupation and Employment Survey (ENOE) for the first quarter of 2023 has shed light on the primary reasons why Mexican workers choose to leave their jobs. Surprisingly, the leading cause appears to be conflicts at work or with their superiors.
Rising Labor Conflicts: The ENOE report indicates a significant increase of 21.40 percent in labor conflicts compared to the same period in 2022. This suggests a growing discontent among workers in their workplaces.
Desire for Independence Grows: Another noteworthy trend is the rise in the number of workers looking to become independent, which has increased by 11.97 percent within the same reference period. This indicates a growing entrepreneurial spirit among Mexican employees.
Bad Bosses Drive Resignations: It’s no secret that a negative relationship with a superior can be a major factor driving employees to quit their jobs. The qualities that workers value in their bosses include organizational skills, communication abilities, problem-solving capabilities, strategic vision, and empathy.
While labor conflicts and the pursuit of independence saw the most significant annual increases as reasons for leaving employment in the first quarter, the ENOE report also highlights that nearly half (47.45 percent) of the 751,266 employees who left their jobs during this period did so for other reasons. These include a desire to continue their education, deteriorating working conditions, or the pursuit of higher earnings. Many workers believe that furthering their education can enhance their job prospects.
Emotional Salary Takes Center Stage: The ever-changing landscape of employee priorities has prompted companies to adopt new strategies for attracting and retaining talent. Amid high turnover rates and stiff competition for the best candidates, emotional salary has emerged as a key strategy.
What Is Emotional Salary? Emotional salary refers to a set of non-monetary benefits that contribute to employees’ overall well-being and job satisfaction. These benefits go beyond financial compensation and focus on enhancing the quality of life for employees.
Factors Influencing Job Acceptance: According to specialists, job seekers today consider several factors when deciding on a job offer. These factors include the work environment (27 percent), professional development opportunities (41 percent), and work-life balance (35 percent). In fact, these aspects often take precedence over the actual salary offered.
In an era where job satisfaction and holistic well-being are paramount, employers are increasingly realizing the importance of offering more than just a paycheck to attract and retain top talent.