Spoiler alert… Effective Leadership solves all five!

Why do employees switch jobs? Does it have something to do with workplace stress or career advancement goals? According to a research study conducted by Workplace Health Survey, more than 70% employees are actively looking for new jobs. Such high turnover statistics are more likely to distress hiring managers or recruiters, most of whom have the same set of reactions to candidate job search stats. It all begins with a sense of disbelief that gradually turns to denial, anger, and disappointment. But as an employer, it might help to dig deeper into the job seeker research statistics and find out reasons for such high number of frequent job searches done by employed workers.

The study based on studies between 2015 and 2017 is an important milestone on the employee behavior. Now what does that mean for employers? Is there a sense of dissatisfaction among employees? Well, it should come as no surprise that a candidate would love to grab any new job opportunity to improve their career standing. But there is more to job seeker research than a new career opportunity alone.

This is validated by another survey conducted by Randstad US. The survey finds that 60 percent of employees quit their jobs in 2018 and an equal number plans to do so.

Food for thought for employers! Why do employees actively look for opportunities while on a job. Here are the five most common reasons.

#1. Job Dissatisfaction

Most employees want to spend more time doing what they do best. Meaningful work and professional development are two critical factors that indicate career success for millennials. They seek to align passion with work so they can dedicate themselves completely to work. The idea of professional development seems more important as employees seek to grow and develop in the context of work.

The gap between such expectations and what employers offer is the root cause of job dissatisfaction among most employees. This literally translates into disillusionment at work, which makes employees feel miserable. As a result, they start looking for new job opportunities that interest them more.

#2. Lack of Appreciation

A hard-working employee wants to feel valued. However, the lack of appreciation is one of the major triggers of job hunting for the workforce. Most workers feel that their work life is “unfulfilling.” On top of it, the lack of development opportunities makes them feel underappreciated at work. As a result, it is not uncommon to develop a dislike for the company and start a new job search.  Anger, fatigue, and disillusionment are common among dissatisfied and underappreciated employees.

#3. Disrespect

The need to appeal to human emotions at work cannot be stressed more. The idea is to make work more human for employees to thrive. A majority of employees feel their employers give more importance to profits or revenue than human emotions. They want respect for their contributions. When employees feel disrespected at work and their voices aren’t heard, a sense of disengagement and dissatisfaction sets in. Then they begin their new job search.

#4. Loyalty

When it comes to job satisfaction at work, relationships with managers and co-workers matter the most. Poor relationship with your coworkers and managers can ruin your zeal to stay at a job. In fact, more than half of respondents’ state that what keeps them from moving to another job is loyalty to their boss and team. Similarly, a survey reveals that 32 percent of workers are ready to commit their future and avoid quitting their job only if you can save them from a bad manager, team, or boss.

#5. Lack of Growth Opportunities

Most employed workers echo the same concern, that is, lack of growth opportunities in the workplace.  Apart from being underpaid, employees find it less lucrative to stay long term at a job that offers them no growth opportunities.  It is not surprising that they start a new job search for career progression.

Contrarily, when employees see a clear path of progression at work, they are more likely to stick to their job within the company.

Effective leaders will learn about employees’ career goals and provide a meaningful response. The idea is to show them a career pathway aligned with their career goals. Managers that develop effective leadership will help employees feel valued and see their impact at work. This will help them see their future possibilities and appreciate your company.

Effective leadership is the answer for all of these challenges.

Are you an effective leader? How do you know? We can help you find out. Reach out to discuss.