- More than three-quarters of professionals are happy in their
current role and report high confidence in their skills and
abilities
- Employers will need to uplevel their hiring strategies to
attract top talent
MENLO
PARK, Calif., June 26,
2024 /PRNewswire/ -- Despite elevated job openings,
the Big Stay is not going away, according to new research from
talent solutions and business consulting firm Robert Half. In a
recent survey, 35% of workers plan to look for a new job in the
second half of 2024, down from 49% who had similar plans during the
same period last year.
Year-over-year, job
search plans have declined across generations:
|
Generation
|
July
2023
|
June
2024
|
Gen Z
|
74 %
|
44 %
|
Millennials
|
63 %
|
45 %
|
Gen X
|
44 %
|
26 %
|
Baby
Boomers
|
23 %
|
13 %
|
See job search plans over time.
Job Satisfaction is Contributing to the Big Stay
According to the research, 77% of workers say they are
generally happy in their role, and 85% report a good work-life
balance. The top factors leading to overall job satisfaction
include:
- Competitive salary with regular merit increases
- Flexible work location and schedule
- Fair workloads and job expectations
- A positive work culture and team dynamic
- Having a supportive manager
Workers Remain Confident
Research suggests the dip in
job search activity is not for lack of worker confidence. Nearly
three-quarters of workers (73%) surveyed say they are confident in
their professional abilities and have taken steps to increase their
value and marketability by learning new skills.
"In the past few years, professionals made career moves to take
advantage of the many job openings and improve their personal and
professional lives," said Dawn Fay,
operational president of Robert
Half. "While they are now reporting high job satisfaction
levels in their current roles and aren't actively in a job search,
many are still taking steps to enhance their skills and ultimately
increase their marketability for any future moves they might
make."
Job Search Deal-Breakers
With talent scarce, employers
should be aware of potential mistakes that could deter potential
candidates. Professionals surveyed revealed that they'd lose
interest in a position if the organization:
- Doesn't list a salary range in the job description (41%)
- Requires them to work on-site with no potential for remote work
(37%)
- Doesn't place an emphasis on company culture (30%)
- Prolongs the interview process (28%)
"In the era of the Big Stay, employers need to take into
consideration what workers want and come to the table with
competitive offers," Fay added. "With skilled talent at a premium
and workers feeling satisfied in their current role, employers
can't afford to make mistakes that could deter prospective
candidates from applying to their open positions."
For more information, download Robert
Half's Job Search Landscape 2024: Planning Your Next Career
Move.
About the Research
The data is from a survey developed by Robert Half and conducted by an independent
research firm in April 2024. The
survey contains responses from more than 1,000 workers 18 years and
older and more than 400 hiring managers at companies with 20 or
more employees in the United
States.
About Robert
Half
Robert Half
(NYSE: RHI) is the world's first and largest specialized talent
solutions firm that connects opportunities at great companies with
highly skilled job seekers. Offering contract talent and permanent
placement solutions in the fields of finance and accounting,
technology, marketing and creative, legal, and administrative and
customer support, Robert Half has
more than 400 locations worldwide, including nearly 100 locations
in 18 countries outside the United
States. Robert Half is the
parent company of Protiviti®, a global consulting firm
that provides internal audit, risk, business and technology
consulting solutions. Robert Half,
including Protiviti, has been named one of the Fortune® Most
Admired Companies™ and 100 Best Companies to Work For and is a
Forbes Best Employer for Diversity. Explore our comprehensive
solutions, research and insights at RobertHalf.com.
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SOURCE Robert Half