Last year, as part of the “Great Resignation,” many workers were looking for new jobs with better pay and flexibility. This year, more workers are seeking new jobs than in 2022: More than half (56 percent) of the workforce is likely to look for a new job in the next 12 months, up from 51 percent in 2022, according to Bankrate’s 2023 job seeker survey.
The possibility of a recession this year has led to large companies such as Meta and Amazon implementing cost-cutting layoffs, and it also may be spurring workers to make new career moves. In 2023, workers say that higher pay, more flexible hours and working remotely are most important to them.
Among the findings:
· Workers are prioritizing their paycheck more than benefits. 30% of workers say higher pay is the most important quality in their employment moving forward, more than any other work perk.
· But benefits aren’t unwelcome. 30% of workers say some kind of work-life benefit, such as flexible working hours (13%), the ability to work from home (12%) or more time off (5%) is the most important job quality in their employment moving forward.
· Nearly a third of workers are headed out the door. 30% of workers say they’re likely to quit a job in the next 12 months.
· And nearly a quarter of workers have already left. 21% of workers got a new job in the past 12 months.
· Amid fears of a recession, job security is a common concern. 33% of workers are currently worried about their job security.
photo: Getty
source: some email I got the other day
Photo: Getty Images