Workers citing job dissatisfaction as a reason to look elsewhere
A new year brings new changes. For many workers across the country, that may mean a change in company. Our friends at CareerBuilder recently sent us a survey showing that 21 percent of full-time employees are looking to change jobs in 2014. Of those full-time workers, 59 percent say they have these plans because they are dissatisfied with their jobs, among other reasons.
For employers, this may call for a new employee retention strategy and a better look at how to go about managing team members. Out of those workers who plan on staying in their current position, 54 percent cite working with people they get along with and 50 percent cite good work-life balance as reasons for staying
“It’s important for employers to communicate with their employees,” said Rosemary Haefner, Vice President of Human Resources at CareerBuilder. “While extra perks and benefits can be helpful in retaining talent, the best way to truly improve an employee’s job satisfaction is to understand what the employee is looking for from their job and what they feel is missing.”
The study also shows that 45 percent of employees do not feel that they have the appropriate means to advance in their company—that they may look to leave a company to find advancement elsewhere. Haefner suggests that employers pay particular attention to this factor.
“Many employees like having clear-cut career paths and the opportunity to advance within the company,” Haefner said. “While this may not always be possible, employers should work with employees in exploring other possible career moves they can make, such as expanding their role and responsibilities or making lateral moves within the organization.”
This data illustrates the largest amount of employees planning to change jobs in the post-recession era. Haefner believes that even though this may be an issue for senior leadership and managers, it does indicate a positive sign for the job market.
“When more workers change jobs, it’s usually a sign the labor market is warming up,” Haefner said. “During the recession and in its aftermath, fewer people voluntarily left jobs because the changes of finding a new or better one were low compared to a healthier economic cycle.”
For more information on this study, click here.
Note: We will be reaching out to the executives in our network to find out how these factors change the way they lead their teams. Stay tuned!