One in five Canadians are thinking about quitting their jobs

According to data from the July psychological health index report by Telus Health, formerly known as LifeWorks, 21% of Canadians are considering leaving their current job.

According to a Telus Health study, the psychological health index of people thinking about quitting is 56.3, 13 points lower than workers not considering such a possibility (69.3) and nearly 10 points lower than the national average (65.2).

One of the positive results of this study was that the level of psychological health for Canada as a whole improved by more than half a point in July. For the previous 3 months, the psychological health index had remained unchanged.

The Telus Health study also helps provide insight into the psychological health of different groups of workers. For example, workers under the age of 40 are 60% more likely to consider quitting their job compared to workers aged 50 and older. In addition, workers under 40 are twice as likely as their older counterparts to have experienced a job change in the past year.

When respondents were asked why they would consider changing jobs for themselves, several main reasons emerged. The most common reason is the desire for higher career opportunities. This desire was expressed by 20% of respondents. This is followed by those looking for more favorable conditions (12%) and people considering retirement (11%).

Another 11% of respondents are motivated to leave their current job by a general desire or need for change, and 10% simply do not like their current job. 9% complain of feeling unappreciated.

In addition, 7% of respondents cited other, undefined reasons, and 6% attributed their desire to change jobs to increased psychological tension or stress in their current workplace. This is not surprising given the results of a recently conducted survey by Robert Walters.

Another 5% of respondents each said that their desire to leave their job was due to dissatisfaction with their superiors and health conditions. Childcare responsibilities were cited by 3%, and only 2% explained their need to quit by increased psychological tension or stress at home.

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The obtained data demonstrate significant differences in the assessment of psychological health depending on the reasons that cause people to want to change jobs. For example, respondents who indicated health problems as their motivation have the lowest average psychological health score — 43.7. Those who want to quit their jobs to retire have the highest average score of 73.3.

The research also shows that 35% of managers have experienced increased staff turnover in the last year. The average psychological health score for this group of managers was 61.7 points. This is almost 10 points lower than that of managers who have not experienced staff turnover (71.4).

When comparing the geographic aspect of the data obtained in the study, it can be seen that psychological health indices decreased from June to July 2023 in Newfoundland and Labrador, Saskatchewan, the Maritimes, and British Columbia. In other provinces, the psychological health index improved over the same period. The most notable improvement in psychological health was seen in Alberta, where the index improved by almost 2 points over the previous month.

Newfoundland and Labrador saw a 4.3 point drop in its psychological health score, leaving the province with the lowest score of 62.2. Because of this, Newfoundland and Labrador has the lowest index of all provinces in July 2023.