A startling 31 per cent indicated they plan to quit their jobs as soon as they secure a new position.
The data, which surveyed more than 1000 geographically dispersed working Australians, found that being forced to be physically present in an office was a major factor in staying in a job.
The spread of the Omicron wave saw the number of workers who supported mandatory vaccinations for a return to the office jump from 70 per cent to 76 per cent, while those who reported being uncomfortable working alongside unvaccinated employees grew from 58 per cent to 67 per cent.
ELMO Software CEO and founder Danny Lessem said the data showed employees value increased wages, more flexibility and the ability to work remotely as conditions needed to accept a counter-offer from their existing employer.
“It seems Australian workers are willing to embrace the notion of a ‘Great Resignation’,” Mr Lessem said.
“More than two in five workers say they plan to search for a new job and a third say they are likely to quit their jobs as soon as they have a new one to go to.”
Mr Lessem said instability in the workplace was a major driver of worker exhaustion, with many employees seeking greater stability.
“After a year of longitudinal data gathering and analysis the Employee Sentiment Index has offered a rare glimpse into the attitudes and concerns of Australian workers,” he said.
“This ongoing study has made clear that when workers perceive their situation to be unstable or insecure their overall wellbeing suffers. Workers who think their job isn’t secure are far more likely to feel burnt-out than their peers.
“After the past year of lockdowns and uncertainty for many workers, it is unsurprising that the use of mental health leave has climbed quarter-on-quarter throughout 2021.”
In an address to the Australian Industry Group, Treasurer Josh Frydenberg said the nation was seeing a “great reshuffle” rather than a “great resignation”.
“A stronger and more dynamic jobs market leads to increased productivity and wages. Switching jobs allows workers to move up the job ladder for better pay,” Mr Frydenberg said.
“When workers are in high demand, businesses are more likely to invest in capital, making workers more productive and businesses more efficient.
“It also leads to better job matching, moving higher-skilled workers into higher-skilled jobs.”