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Two-third of the world’s workforce are considering switching jobs

By: Staff Journalist, Singapore
Published: Apr 19, 2012
JOBSEEKERS     RETENTION     TRENDS   

Global – Around 66% of the global workforce intend to search for a new job next year, with Gen X workers being the most likely to quit.

Findings were based on the annual survey by Kelly Global Workforce Index (KGWI), which polled nearly 170,000 people across all generations in 30 countries.

The survey found only 44% of employees globally feel valued by their employer in these uncertain economic times. While many respondents expressed unhappiness in their current jobs, and are actively searching for new opportunities, others said they are content with their current employment position. However, those people are seeking greater engagement and meaning from their positions.

The survey found Gen X workers are more likely to be thinking about resigning from their current jobs than their Gen Y and Baby Boomer counterparts.

When evaluating potential employers, the results showed the most important factor job seekers consider is corporate reputation (58%) followed closely by location (52%). This resonates especially strong with skilled professional and technical employees.

Across the generational groups, the way individuals weigh their job choices varies as people age. Personal fulfillment or work-life balance is found to become progressively more important as people mature. But for Gen Y, the leading consideration is personal growth or advancement when choosing to accept one job over another.

Across all generations, personal fulfillment, work-life balance and personal growth both outweigh compensation and benefits when choosing one job over another.
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