50.7% would change job for better chances of personal advancement
50.3% of employed respondents who replied to a recent MISCO survey stated that they are not seeking another job but would be open to attractive opportunities. Another 27% stated that whilst employed, they are still actively seeking new employment. Only 6.4% are employed and have no intention to look for new job opportunties.
This is some of the data that emerges from a comprehensive Job Seekers Trends Research Study compiled by MISCO after surveying over 500 candidates. Respondents mainly hold senior and middle management roles as well as executive, supervisory and clerical positions.
In line with this latest Job Trends Survey publication, MISCO will be hosting a MISCO in the Hot Seat event on the 15th July. This will be open to all HR professionals who wish to learn more about how they can be more successful in attracting talent.
"This innovative study is an excellent tool for us as it gives us even more insight into how today's job seekers are approaching their search for new positions, what they look out for, for what type of companies and organisations they want to work with and what gives them job satisfaction. This of course gives MISCO an upperhand even with all those companies who would like to use our services to help them find the right candidates," says Joanne Bondin, Head of MISCO's recruitment section.
"We wanted to look deeper into this and therefore we asked respondents to give us at least two reasons why they would change their job. Most respondents (62.4%) said that they would do it for a better salary and 50.7% would seek new employment for better chances of personal advancement. Other reasons mentioned were that they were not finding enough challenge at work (16.9%), they would like to have more flexible hours (13.5%), lack of stability (9.5%) and they would have felt attracted by stronger company culture (8.6%)."
The MISCO Job Seekers Trends Research study also established how candidates would search for new job opportunities with recruitment firms and newspapers but not likely from career fairs, magazines and social media.
One interesting trait that came out from this study was that from those interviewed, 27.2% change their job after three to five years, another 24% find alternative employment after one to three years and 17.3% never changed job. Company size matters too. Whereas 55% stated that they would prefer working for an established company, 45.2% actually prefer to work for a small to medium sized company. Very interestingly, 19.6% would also opt for a start-up company.
With regards to work hours, whereas 83.5% would look for a full-time job, 35.5% would look for a job that offers flexible hours whereas 20.6% would look for the opportunity of working from home.
Linked to this, online research (45.2%) and company websites (37.9%) were listed as the two most important sources for preparing oneself for an interview.
To attend the MISCO in the Hot Seat event on the 15th July or for more information, contact Joanne Bondin on [email protected]