Survey: Companies Threatened by Wave of Redundancies

Companies in many countries around the world, including Hungary, are threatened by a significant proportion of employees quitting their jobs, according to a Deloitte survey, the findings of which were published in a statement on Monday.

The consultancy firm pointed out that in Hungary, the situation is similar to international trends, with 57% of domestic workers thinking of quitting. Those who have only started at a given workplace in the last two years are more likely to leave their jobs. Around two-thirds intend to change workplaces, but middle-aged and senior workers often also consider this option, they added.

Deloitte explains that many people would change jobs because of pay levels below employees' needs, limits to their development opportunities and inefficiencies in companies.

The feedback also shows that the possibility of flexible working is also important, with 40% of employees willing to settle for less pay. Mandatory office work is driving almost half of employees to leave, while almost 70% believe they perform as well or better at home, they said.

According to the statement, the high rate of employee departures is not negligible from a business perspective, as it can lead to a deterioration in business performance and efficiency. Employers must therefore do everything they can to prevent mass departures of their employees, Deloitte points out.