Leading Meeting Professionals

Professional Convention Management Association

January 09 2014

5 Reasons More People Are Leaving Their Jobs This Year

By David McMilin

Are you looking for a new job this year? You’re not alone. A new survey of more than 3,000 employees conducted by CareerBuilder shows that 21 percent of full-time employees plan to change jobs in 2014. That’s the highest percentage since the recession ended.

There are plenty of reasons why survey respondents want to leave their current position in the past. Here are the five biggest motivators from the research.

  • Dissatisfied with the job - 58 percent
  • Unhappy with internal advancement opportunities - 45 percent
  • Unhappy with work/life balance - 39 percent
  • Feel underemployed - 39 percent
  • Feel highly stressed - 39 percent

Some respondents are holding a grudge for what didn’t happen last year: 28 percent of those who want to find a new job are upset over not receiving a pay increase in 2013.

SEE ALSO: 5 Career Resolutions for the New Year

What the Numbers Mean for Job Seekers

If you’re hoping to jumpstart your search for a new career opportunity, it’s important to remember that you’re going to be dealing with a more competitive job market. As more resumes flood the inboxes of hiring managers, determine what sets you apart from the sizable crowd of your colleagues who are starting the application process, too. Don't think about why you want a new job. Instead, focus on what you will bring to the table at a new organization. Rather than simply updating your resume, take some time to think about how you’ve grown as a professional and how that maturity can make a difference in a new position.

SEE ALSO: 4 Job Searching Tips for the Employed

What the Numbers Mean for Bosses

While the new year is inspiring employees to test the job market, it’s going to create pressure for employers to figure out how to retain top workers.

“Offering frequent recognition, merit bonuses, training programs and clearly defined career paths are important ways to show workers what they mean to the company,” Rosemary Haefner, vice president, human resources, CareerBuilder, said.

Not looking for a new job? Just looking to make more money this year? Click here for the four questions you should answer on your own before asking your boss for a raise.

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