Will A Job Market Upturn Spark Employee Mobility?.
Once the economy firms up and employment prospects brighten, many employees will shop around for a new job. .
In fact, more than four out of five employees surveyed by the Society for Human Resource Management indicated that they would be extremely or somewhat likely to actively seek another job when the hiring market improves. .
Expectations about when hiring will rebound differed between surveyed employees and human-resources managers. While 42% of responding employees chose "three to six months" as the expected timeframe for improvement in the employment market, only 23% of HR managers said the same. .
What were the reasons most commonly cited by employees for wanting to change jobs? A desire for better pay and benefits led the way, at 53%. Concerns about career development and a desire for a new experience came in a distant second and third, at 35% and 32%, respectively. .
Employment Satisfaction: In the Doldrums .
Job satisfaction is declining as employees face increasing demands and pressures, with less than half of Americans reporting that they are happy with their current positions. .
According to the Conference Board, job satisfaction has fallen to its lowest level since 1995, which is when the business-research organization first produced its survey on the subject. Demands on professionals have risen even as wage increases have become more moderate and bonuses less common, the survey found. .
Satisfaction levels tend to be higher among those with higher earnings. However, satisfaction levels have declined significantly among professionals from households with the highest earnings -- from 66.5% in 1995 to 53.4% this year -- whereas workers from households with the lowest earnings reported satisfaction levels of 45.4% both this year and eight years ago. .
By age, workers in the 45- to 54-year-old group reported the lowest level of employment satisfaction, at 46%.