Workers across many industries are expressing frustration with their current roles due to a cooling white-collar labor market and declining turnover, which has led to fewer internal job movements, a new report by the Wall Street Journal shows. This growing sense of dissatisfaction has prompted companies to adopt new strategies to facilitate employee mobility and skill development.
For example, consulting firm McKinsey has increased its mobility budget, allowing employees to work on projects in different cities for short periods. Similarly, Synchrony Financial is permitting employees to apply for temporary roles on different teams, while Exact Sciences is expanding roles to offer fresh challenges.
