Is Finding a New Job Your 2016 Resolution?
As 2016 gets into full swing, will you be among the growing number of workers searching for a new job?
A new survey from CareerBuilder finds that one in five employees (21 percent) pledge to leave their current job by the end of 2016. That is a 5 percent jump since last year.
Even starker, 30 percent of younger employees, ages 18 to 34, expect to have a new job by year's end.
Carl Van Horn, director of the John J. Heldrich Center for Workforce Development at Rutgers University, believes this actually reflects some good news nationally.
"That the economy after six-and-a-half years of steady job growth and lower unemployment rates gives people the comfort to start looking around for other opportunities," he explained.
He also believes that workers, especially millennials, have a better understanding of the new reality in the workplace that no permanent jobs exist anymore.
"Workers have to be navigating their own careers and looking out for themselves as opposed to staying at the same job and riding a comfortable career to a pension 30, 40 years after they start," Van Horn said.
He said it's no surprise that more younger workers are looking to leave.
"Young people are always more likely to move around in different jobs as they gain more education, more experience, and begin to understand what they're really good at."
In addition to a higher salary, employees said the most important factors to them are job stability (65 percent), affordable benefits (59 percent), location (56 percent) and a good boss (51 percent).
Van Horn said this is a competitive job market, so employers are responsible to offer incentive to help retain their top talent.
"They're fighting for talent. They're trying to get the best people to come to their firm and to stay at their firm," Van Horn said. "Then they're going to need to provide more flexibility and greater benefits and greater compensation."