You’re certainly heard that it’s a tight job market. That means that not only are job candidates getting choosier about which positions they take, but they’re making sure the jobs they’re in are just right.
In fact, because of the plethora of available positions, they’re not afraid to bolt one job for a gig they think might be just a bit better. Staffing and search firm the Addison Group surveyed 1,000 job seekers about what made them stay – and leave.
It’s not that employees are unhappy. In fact, 72% reported being satisfied or very satisfied with their current situation. Still, in a “candidate’s market,” they know the grass is always greener – 69% are confident that they could find a new job.
Perhaps that’s why they’re holding their job satisfaction to a higher standard. A staggering 8 in 10 employees said they were “likely or very likely” to start job-searching after one bad day at work. (Last year, the Labor Department reported that people were quitting their jobs at the fastest rate since 2001).
The lesson? In this market, dysfunctional workplaces won’t be tolerated if employees think they can find comparable work elsewhere. Seventy-six percent of employees are unhappy with their current work environments. Contributing to that environment is their relationship with their boss – 39% say their manager has a big impact on how they feel about their jobs.
Another key to job satisfaction is the feeling that you’re doing meaningful work – that you’re going somewhere and doing something. Unsurprisingly, then, 76% of employees said that being passed over for a promotion would lead them to look for jobs elsewhere. Another 43% felt lost, unsatisfied with their career path. All reasons to start cruising LinkedIn.
Interestingly, while 50% of employees are motivated by money, 55% are motivated by “the work.” While we all need a paycheck, it seems we also need meaningful work just as much.