June 13, 2022
Working women are facing a high level of burnout and a lack of flexibility in the job, according to a Deloitte report, "Women @ Work 2022: A Global Outlook."
That doesn't bode well for the retail industry as more than half of workers, 56.5%, are female compared with 43.5% men, according to a press release on the report's findings.
It also means the current "Great Resignation" in the U.S. employment sector will continue with more than half of women surveyed planning to leave their employer within the next two years.
The research revealed 53% of women report stress levels higher than they were a year ago, almost half feel burned out and nearly 40% are actively looking for a new employer with burnout cited as the top reason.
More than half of those surveyed want to leave their employer in the next two years, and only 10% plan to stay with their current employer for more than five years.
The research polled 5,000 women across 10 countries, and highlights findings about the "new normal" of work, as almost 60% of women working in hybrid models (arrangements that include any combination of remote and in-office work) report they have already felt excluded.
"Despite the fact that many employers have implemented new ways of working designed to improve flexibility, our research shows that the new arrangements run the risk of excluding the very people who could most benefit from them, with the majority of the women we polled having experienced exclusion when working in a hybrid environment," Emma Codd, Deloitte global inclusion leader, said in the release. "The number of women reporting increased stress and burnout is of significant concern, and employers are struggling to address it as seen by the fact that burnout is the top driver for those women currently looking for new employment. The findings of this research show the importance of actions beyond policy — those that truly address and embed wellbeing, flexibility and a respectful and inclusive 'everyday culture'."