As you sit around the conference room listening to your boss rattle off about something, just know that at least one of your coworkers is considering quitting right now, according to a new study.
Joblist surveyed nearly 1,000 people about their employment prospects, which dived into subjects like whether employees are looking for new opportunities, what made them start looking, and how long will it take them to hand in their notice once they decide its time to leave.
Nearly 47% of employees admitted to considering quitting their current job, with nearly a quarter saying they wanted better pay while others wanted to get away from toxic work environments (17%) and limited growth opportunities in their current positions (15%.)
How long does it take to decide to leave?
Leaving a job can be a different experience for every employee. Some might be experienced with job-hopping while others may know their current job as their only place of work. Changing jobs means a change in scenery and people, which means you have to be open to welcoming change and unknowns than ever before.
For employees weighing career decisions, the survey found it typically takes someone about eight weeks to serve notice to their bosses from when their first idea of moving on happens. It’s between week two and week three when employees start applying for jobs, which starts the process of sending out applications and going on different interviews.
Employees’ timing when giving formal notice also varies depending on how long they’ve been with the company. An employee who’s spent less than a year in their current position generally took about five weeks before giving their bosses formal notice, while someone who’s spent at least seven years at the company took more than double the time (11.7).
What drives employees to premature job exits
While more than 65% said they’ve secured another job before quitting, their main reason for quitting usually involves issues that went ignored. Nearly half of the respondents said they left their jobs because managers didn’t address the issues they reported. Forty-six percent said their work culture affected them and made them not a good fit, while others blamed poor managers (44%) and toxic environments (40%) for their drivers to an early exit.
Better pay and growth opportunities were some of the least primary reasons why employees quit.