Careers Express: How the Cyprus job market is coping with 'the Great Resignation' | Cyprus Mail

The #GreatResignation that has left unheard of levels of #vacancies unfilled across the global #jobmarket, which is being driven by candidates who, having weathered the disruption of COVID, #lockdowns and the scramble to #workfromhome, are signalling their discontent with the office culture of yesteryear.

And when it comes to Cyprus, says recruiter and HR Innovate founder Katerina Andreou, this has seen both C-suite level candidates, but also Gen Z professionals, depart their previous employment - often without having another job lined up.

But is the Great Resignation a true paradigm shift, or merely a 'Great Pause' in terms of the island's job market?

In this Careers Express video, Andreou tells CX host Elisabeth Kesterlian how long the phenomenon is likely to last, what the unmet needs driving droves of employees to seek the exit are, and what companies in different sectors can do, to attract and retain the people they need.

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Time stamps:
00:00 - Intro
00:54 - Is Cyprus seeing a true 'Great Resignation' phenomenon?
02:09 - What are the main reasons for job departures in Cyprus context?
03:22 - Are younger jobseekers willing to accept less-attractive job conditions?
04:18 - Is it only younger jobseekers who are resigning?
05:10 - What is it that makes a young job candidate reject an 'attractive' offer?
05:56 - Why aren't more Cypriot Gen Z professionals becoming entrepreneurs or freelancers?
06:57 - Are Gen Z innately suspicious of the corporate system, which also adds to their inclination to reject a job offer?
09:18 - How is the Great Resignation impacting the work of recruiters?
10:20 - What are the un-met needs that are also driving the Great Resignation?
11:40 - The shift to the 'candidate-centric' job market
12:16 - What do today's employees truly want from their employers?
13:20 - Will the Great Resignation continue over the next three-six months, or fade away earlier?
14:12 - Final thoughts

[nickcarter]

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