Two in Five Workers Plan to Change Jobs this Year: Survey - The New Indian Express

Two in Five Workers Plan to Change Jobs this Year: Survey

Published: 05th February 2014 04:40 PM

Last Updated: 05th February 2014 04:40 PM

Two in five workers in the country are planning to changes their jobs before the year ends due to reasons like need for higher salary and better work-life balance, says a survey.

According to a survey, forty-four per cent of full-time workers plan to change jobs in 2014.

Moreover, 11 per cent have not decided if they will stay with their current employer or pursue another.

"During the economic downturn, fewer people voluntarily left jobs because the chances of finding a new or better job were low compared to a healthier economic cycle. That trend seems to be slowly beginning to shift," CareerBuilder, Managing Director -India, Premlesh Machama said.

With more than half of their workforce potentially heading out the door this year, employers would look to adjust their retention strategies to save some of their top talent.

Some of the best retention strategies include, increase in salary, increase employee recognition, flexible work schedules, increase training/learning opportunities and increased benefits.

"Offering frequent recognition, performance bonuses, training programs and clearly defined career paths are important ways to show workers what they mean to the company," Machama said.

According to the survey, those who are satisfied with their jobs mostly cited factors like good work/life balance, rapport with people they work with, satisfactory salary and comfortable job title.

Those who are dissatisfied with in their current roles expressed concerns over salary and growth prospects in their current organisation.

The national survey was conducted online in January 2014, and included a representative sample of 1,000 employees across industries and company sizes.

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