Despite Competitive Labor Market, One-in-Five Workers Plan to Change Jobs in 2010, New CareerBuilder Survey Reveals
07 January 2010 - 11:00PM
PR Newswire (US)
-- Twenty Percent of Workers Plan to Switch Careers/Fields in the
Next Two Years -- CHICAGO, Jan. 7 /PRNewswire/ -- Recent
improvements in the economy may have some workers preparing to move
to a new job in the new year, with nearly one-in-five workers (19
percent) reporting they plan to leave their current job in 2010 to
find a new one. Nine percent said they plan to leave in 2011. This
is according to CareerBuilder's latest survey conducted between
November 5 and November 23, 2009, among more than 5,200 workers.
Many employers were forced to make some tough business decisions in
2009, and may be pushing workers to make some difficult decisions
as well. One-in-ten workers (12 percent) whose companies cut
benefits or perks said they would stay at their current jobs for
six months or less, while 27 percent of workers who did not receive
a raise or promotion in 2009 said they would leave their current
positions in less than a year if they did not receive either.
Nearly one-in-five (18 percent) workers who experienced pay cuts
said they are willing to stay at their current jobs for only six
months or less. "Many of the decisions employers made last year
were designed to preserve the health of their businesses and many
survived because of them," said Rosemary Haefner, vice president of
human resources for CareerBuilder. "In some cases, workers were
affected by the cost cutting measures and job satisfaction levels
suffered. For example, 61 percent of employees said they were
satisfied at their jobs last year - down from 70 percent in 2008.
Employers should take workers' pulses early on in the new year.
That way, they can be aware of the issues that may affect their
staff's performance, retention rates and overall happiness on the
job in the coming months." Looking at the key factors that
influence job satisfaction and company loyalty, workers reported
the following: Pay - Fifty-seven percent of workers did not receive
a raise last year, up sharply from 35 percent in 2008. Of those
that did receive raises, 28 percent were given an increase of 3
percent or less. Seventy-one percent of workers did not receive a
bonus. To help make ends meet in 2009, 8 percent of workers took on
a second job. Nearly one-in-five (19 percent) plan to find a second
job in 2010 to supplement their main paycheck. Career Advancement -
Twenty-eight percent of workers are dissatisfied or very
dissatisfied with the career advancement opportunities provided by
their current employers. Ninety percent of workers did not receive
a promotion in 2009, while nearly a quarter (23 percent) felt that
they were overlooked. Switching Industries - Twenty percent of
workers said they plan to switch careers/fields in the next two
years. The top reasons for switching careers include wanting to
pursue a more interesting line of work (67 percent), higher pay (54
percent), more career advancement (41 percent) and increased
stability (36 percent). To learn new skills, 12 percent said they
would head back to school to make themselves more marketable in the
new year. Work/Life Balance - Nearly one-quarter (23 percent) of
workers said they are dissatisfied or very dissatisfied with their
work/life balance. This is up from 18 percent who said the same
last year. Training/Learning - Twenty-six percent of workers are
dissatisfied or very dissatisfied with training and learning
opportunities provided by their current employers. Leadership
Ratings - Nearly a quarter (23 percent) of workers rate their
corporate leaders as poor as very poor. Workers cited an inability
to address employee morale (35 percent), not enough transparency
(30 percent) and major changes are made without warning (28
percent) as their main concerns with senior leadership. Survey
Methodology This survey was conducted online within the U.S. by
Harris Interactive© on behalf of CareerBuilder.com among 5,231 U.S.
workers (employed full-time; not self-employed; non-government)
ages 18 and over between November 5 and November 23, 2009
(percentages for some questions are based on a subset, based on
their responses to certain questions). With a pure probability
sample of 5,231 one could say with a 95 percent probability that
the overall results have a sampling error of +/- 1.35 percentage
points. Sampling error for data from sub-samples is higher and
varies. About CareerBuilder® CareerBuilder is the global leader in
human capital solutions, helping companies target and attract their
most important asset - their people. Its online career site,
CareerBuilder.com®, is the largest in the United States with more
than 23 million unique visitors, 1 million jobs and 32 million
resumes. CareerBuilder works with the world's top employers,
providing resources for everything from employment branding and
data analysis. More than 9,000 websites, including 140 newspapers
and broadband portals such as MSN and AOL, feature CareerBuilder's
proprietary job search technology on their career sites. Owned by
Gannett Co., Inc. (NYSE:GCI), Tribune Company, The McClatchy
Company (NYSE:MNI) and Microsoft Corp. (NASDAQ:MSFT), CareerBuilder
and its subsidiaries operate in the United States, Europe, Canada
and Asia. For more information, visit
http://www.careerbuilder.com/. Media Contact: CareerBuilder Allison
Nawoj 773-527-2437 http://www.twitter.com/CareerBuilderPR
DATASOURCE: CareerBuilder CONTACT: Allison Nawoj of CareerBuilder,
+1-773-527-2437, Web Site: http://www.careerbuilder.com/
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