Tuesday, December 10, 2019

37% of workers are looking for a new job outside their current company

37% of workers are looking for a new job outside their current company37% of workers are looking for a new job outside their current companyDont worry about your workers holiday shopping from their desks the real surprise is that 37% of them are looking actively or casually for a new job outside their company, according to a new survey focusing on employee turnover and retention.Meanwhile, the other 36% would consider taking a new job if the opportunity presented itself, and only 27% were not interested in a job outside their current company, according to global human capital management technology company Ceridians2018 Pulse of Talent zurckhalten Throughout the Employee Lifecycle survey. The survey was carried out by the Nielsen Company.The survey asked 2001 full-time employees in North America about their relationship with their employer, and their career plans, while examining across three factors age, tenure, and role seniority.Loyalty yesterdays news?Overall, the results indicat ed less job satisfaction less employee loyalty to a company. Employees 34 and younger, in particular, want to be challenged, recognized, and paid what theyre worth by the companies they work for.Employed job searchers vary by age55% of 18-24-year-olds are looking for new positions39% of 35-49-year-old are looking for new positions (and an added 41% would answer a call from a recruiter)Overall, 25% of employees of all ages planned on staying with the same company they are happy with for less than three years, the survey found. 21% planned on a 3-5 year stay.Employee want to be loyal. Companies have just killed employee loyalty by the way they treat them, said Jeff Kortes, an employee retention expert, said in the report.Will I stay or will I go?For employees that leave, there are five major reasons25% salary not high enough14% work not interesting enough/didnt like it13% not enough respect12% no opportunities to take on additional responsibilities12% bad relationship with managerThes e are very different than the reasons that employees stay with their current employers, however30% stay because of good benefits29% stay because of a good salary28% stay because of good relationships with coworkers27% stay because they feel secure in their job26% stay because they find their work interesting and love what they doFinding balanceWork-life benefits like where and how employees work often make up the difference when it comes to workplace happiness. The research found that those who are permitted to work from home and work for a company that offers training are mora likely to indicate happiness with their jobs, the report read.As far as the workplace setup goes, the cube still rules. The survey often found that people reported higher levels of happiness when working in a traditional office setting than working in an open-office, virtual, or coworking space.Making an impactOne of the biggest contributors to retaining employees was gauging how close they felt that they wer e making an impact on the businesss stated goals. 92% who said that they did make feel that they made an impact planned to stay at the job 7.9 years more. 58% of those who felt they did not make an impact planned to stay with their current employer only 6.1 years longer.Overall, its not just about salary and benefits when it comes to retention (although that helps). Its about how interesting the employee finds the work, how comfortable they find it to work there (down with open offices, up with flexibility), and if they feel engaged with the work and the overall mission of the company.

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