When a recession hits and the job market takes a turn for the worse, companies should have an easier time retaining employees, right? Not this time, a new survey says.
Almost one out of five employees (19%) says changing jobs is a priority for the new year, according to a recent CareerBuilder poll.
But what about the economy? It’s not much of a factor — 60% of employees polled say the current climate has had no impact on their career plans.
What can be done to hang on to those employees? Here are the main reasons people say they’re looking for new opportunities:
- Pay — A quarter of employees are dissatisfied with their salary. Also, 35% say they didn’t get a raise in 2008, and 25% got an increase of 2% or less.
- Advancement — A quarter of workers are also unhappy with their chances to move up the corporate ladder. One in five say they were overlooked for a promotion they should’ve gotten last year.
- Work/life balance — More than half (54%) of employees say their workloads have increased over the last six months.
