CEBU, Philippines – The latest data from a job market survey conducted by online job portal Mynimo showed that 43% of 4,500 Cebu-based workers, or a total of 1,935 employees are planning to leave their jobs in the next 90 days.
In response to the survey data, heads of the Cebu IT-BPM Organization , which includes BPO industry pioneers, said they disagreed with the idea that another “great resignation” was about to happen in the local job market. “Either they don’t like the way the company is going or doing, or they realize they don’t want to be doing this for the rest of the foreseeable future and want to make a change,” Terrado said.
“Cebu’s “Great Resignation” shows no signs of slowing down unless companies make drastic changes to address their employees’ concerns…employers risk losing more of their top talent to competitors, ultimately hurting their competitiveness and profitability,” Mynimo’s statement read.“In spite of the challenges that we had in 2020, that’s the first year of the pandemic, the industry actually grew by over 1%, that’s both headcount and revenue,” CIB.