Human Resources News & Insights

A big bunch of workers say they’re ready to jump ship

Ready for an 81% turnover rate in the coming year? Because that’s the percentage of workers who told researchers they’d be looking for a new job in the coming months.  

It’s true. According to a recent survey from Monster.com, nearly one-half (42%) of employed job seekers are dissatisfied with their current job, with a surprising majority (81%) of the employed expecting to actively search for a new job in the next year.

The job board canvassed 6,000 registered Monster users.

Desire for higher compensation, seeking a better skills match and personal fulfillment were listed by those currently employed as top reasons for seeking a new job. Just over a third (36%) of participants are searching for a new job due to job loss.

The survey also indicated that job seekers, whether employed or unemployed, were generally confident of finding a job. In fact, 79% of the employed and 75% of the unemployed job seekers felt confident about acquiring a new job in the next year.

Confident they’ll be moving on

That doesn’t mean there aren’t a number of job-seekers feeling frustrated. More than half (56%) report they are struggling to find a job matching their salary, title and location preferences. In addition, a sizable amount (47%) can’t find jobs for which they are qualified. More than one-third (38%) of respondents indicate employers don’t understand their skills and experiences.

Job seekers looking for more fulfilling work responded with the following sentiments:

  • Nearly all (97%) Monster job seekers value the use of their skills and abilities, and the enjoyment of the work they do
  • The need for respect and appreciation rank among the highest desired traits of a new job (97%)
  • Monster job seekers (96%) rate salary as an important factor
  • Job security is highly valued (95%), and
  • A small group (40%) of job seekers value flexible work schedules and the option to work from home.

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