Bad News! Your Employees are probably looking for a new job

Bad News! Your Employees are probably looking for a new jobSalary.com conducted a survey asking more than 1,200 individuals about their current jobs and whether they plan to search for a new job this year. Surprisingly, they found that 83% of individuals surveyed responded saying they will search for another job in 2014, which is up 6% from a year ago.

On the other hand, while job hunting saw a climb from last year, so did employee satisfaction, which climbed 23% from a year ago.

About 28% of individuals on the hunt in 2014 said they were perfectly satisfied with their current positions. In spite of this, around a quarter of respondents said they are searching for another job consistently, and another alternate quarter is hunting a couple times each week. What’s ever more astounding is that some of these job hunters even go on the job-hunting mode while they’re at work.

The job changing process adopted mostly incorporated posting their resumes online, applying for various job listings, and sometimes even going on job interviews – nearly 40% of respondents said they’ve gone on an interview within past three months.

So what’s the issue?

Around 16 percent of this year’s respondents said money was their primary concern and low-pay was the main reason they were back on job-hunting mode, yet that is really down by 8% from the salary.com 2013 results. As anyone might have expected, only 29% of workers said a raise would help them stay put, compared to the 7% from a year ago. As a matter of fact, half of the respondent searching for a new job this year already received a raise in the previous year. Other reasons mentioned again and again by various respondents are for searching for a new job is: Under appreciated, hate boss, job stress, overworked, bad co-workers, no possibility of advancement, low-pay, benefits etc.

15% of respondents said they are searching for a new job since there is no possibility of any sort of career advancement at where they work, and 13% said they feel under appreciated.

Employees, who took up the survey, mentioned a number of things that could make them stick to their current jobs:
29% of the respondents want a RAISE
10% of the respondents want a better WORK-LIFE BALANCE
9% of the respondents want a NEW BOSS
8% want CLEARER GOALS
5% want FLEXIBLE SCHEDULING
4% want BETTER BENEFITS
3% want MORE RECOGNITION
*25% of respondents selected “other”.

As the priorities of employees within an organization shift, employers will have to adapt to what their workforce really wants if they want to retain treasured employees.

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