1 In 3 Canadians Want To Quit Their Job In The Next Year
More than half said a pay rise would convince them to stay.
Global staffing firm, Robert Half, has conducted new research into Canadian employees nationwide, and has concluded that approximately 1 in 3 people will look for a new job or a change in career in the next twelve months. Of the people that said they are considering leaving their job, most of them said they’d think about staying, but only if some major changes happened in their workplace.
In order to carry out his research, Robert Half developed a range of online surveys, which were then conducted by independent research firms. In April, more than 600 senior managers of companies were surveyed, alongside more than 400 workers in office environments.
Robert Half’s study intended to learn what businesses were doing to try and keep hold of their best employees, and what companies could do to convince those who wanted to leave to stay.
Senior managers at companies with more than 20 employees in Canada were asked, “How concerned are you about your company's ability to retain valued employees?" Their responses were clear, 80 per cent of managers were either concerned or somewhat concerned about losing their best employees.
As it turns out, these managers were right to be worried. When Canadian employees were asked the question, “Do you plan to look for a new job in the next 12 months?" 33 per cent of interviewees said yes. While a majority of 67 per cent said they were not planning a career change, the idea that 1 in 3 Canadian employees are considering a new job is no doubt a worrying thought for long-term employers.
Naturally, the workers who said they would be looking for a new job in the future were then asked what, if anything, would convince them to stay at their old jobs. More than half (51 per cent) of these people said they would stay if they were offered a pay rise, suggesting that a significant amount of those looking for a career change were doing it for financial purposes.
18 per cent of those who wanted to leave their job said they would consider staying if there was potential for a promotion, while 16 per cent said they’d stick around if the company they worked for offered more time off and benefits. However, 8 per cent of Canadian employees said they wouldn’t stay in their current job for the next year, unless their current boss was replaced.
According to David King, senior district president for Robert Half, these are not uncommon requests from employees when wanting to better their work-life. He said, “There are a variety of offerings organizations can provide, such as career development opportunities and extra vacation days, to keep employees happy."
King added, "Ultimately, professionals will stick close to companies who make an effort to encourage their professional growth, recognize their contributions and actively support their wellbeing."