Source: Filipa Matos | Dupe
Few things are scarier than losing a steady stream of income, and this is precisely why the job market currently has everyone in a chokehold. Everywhere you look, workers are being nudged into accepting or staying in roles that don’t match their skills, experience, or worth, simply because they’ve been conditioned to believe they have no other options. It’s a pattern that’s been quietly building for quite some time, and Glassdoor has finally given it a name: the “Great Settling.”
According to Glassdoor’s Layoff Recovery Roadmap report, 57 percent of workers felt pressured to accept a job with lower pay following a layoff, with women feeling this pressure more acutely at 63 percent compared to 52 percent of men. Similarly, 57 percent of respondents for a ResumeBuilder survey self-identified as “job huggers”—employees who knowingly cling to their current positions out of fear rather than loyalty, satisfaction, or happiness—up from 45 percent just six months earlier.
Clearly, settling has become the standard for professionals across all industries. But how did we get here? And why do so many feel compelled to accept jobs that underpay them or don’t fully utilize their skills and expertise? I tapped two career experts to get to the bottom of this. Read on for a full breakdown of the Great Settling trend (including how it’s affecting the market!) plus our best tips for landing a new role that doesn’t force you to settle.
In this article 1 What is the Great Settling? 2 Why is the Great Settling gaining traction? 3 How is the Great Settling impacting the job market? 4 How to land or transition into a new role that doesn’t force you to settle 5 Is settling for a less-than-perfect job really that bad?