CareerBuilder recently released a survey saying that 21% of workers plan to change jobs this year. Wow—that’s the highest percentage since the recession, and a whopping 17% increase from last year.
Let’s find out why…
Why People Will Quit This Year
According to the CareerBuilder/Harris Interactive survey of 3,008 full-time workers, people will quit if they:
· are dissatisfied with their job: 58%
· are dissatisfied with advancement opportunities at current company: 45%
· are dissatisfied with their work/life balance: 39%
· feel underemployed: 39%
· are highly stressed: 39%
· have a poor opinion of their boss’s performance: 37%
· feel they were overlooked for a promotion: 36%
· have been with their company two years or less: 35% (versus only 13% of workers who’ve been with their company for five-plus years.)
· didn’t receive a pay increase in 2013: 28%
… And Why People Will Stay
But it’s not all gloom and doom. Eight in 10 workers (79%) have no intention of leaving their current job this year. Key contributors are fulfilling relationships with co-workers, work-life balance and benefits. Here’s the break down, per CareerBuilder:
1. “I like the people I work with.” – 54%
2. “I have a good work/life balance.” – 50%
3. “I have good benefits.” – 49%
4. “I make a good salary.” – 43%
5. “There still is a lot of uncertainty in the job market.” – 35%
6. “I have a quick commute.” – 35%
7. “I have a good boss who watches out for me.” – 32%
8. “I feel valued and my accomplishments are recognized.” – 29%
Five Ways To Keep Your Rock Stars
Here are tips from our clients with the strongest employee retention and morale:
Choice in the workplace is greater now than ever before. This is good news: it means employers need to continually raise the bar to engage their employees, and it means we all need to forge a code of respect, honor, and commitment to one another. The theme is collaboration: the employer has value, the employee has value, and together we’re deciding—like any relationship—to invest in one another to create something great.
Make sure your culture is on track–take our 3 minute assessment here.
Christine Comaford (@comaford) is a neuroscience-based leadership and culture coach. Her current NY Times bestselling book is entitled SmartTribes: How Teams Become Brilliant Together. Join her tribe and get free webinars, neuroscience resources, and more by clicking here.