Compensation, Job Loss Worries Drive 37% of Employees to Look for New Opportunities
Though less optimistic about the availability of jobs in their chosen field than they were a year ago (28% compared to 34%), 37% of employees in the U.S. are hoping to find a new job this year, as revealed in a new Harris Poll survey commissioned by Express Employment Professionals.?
Even though the average stay at their current company is eight years, the vast majority (85%) of respondents expressed fears about their current job, likely the reason many are now looking elsewhere. Top concerns included:?
Many employed job seekers have asked for a raise (44%) and better benefits (32%) to help with the increased cost of living. So, understandably, respondents most commonly cited better compensation (51%) as the reason they’re looking for a new opportunity, followed by better work-life balance (41%) and better growth opportunities (38%).?
Job seekers are almost evenly split between whether securing a job will be easy or difficult, but most (69%) feel that it will take them six months or less to find a job (up from 62% in spring 2023).