New research has revealed that Britons are the most likely to have searched for a new role in the last month, 10 per cent higher than their continental counterparts. This rises to almost one third of Millennials, with 18-36 year olds the most transient population, despite feeling the most satisfied in their job. The itch for a career change is constant – with only half of people saying they ‘feel settled’ in their job.
However, when it comes to getting our dream job, we’re more flexible than expected – with 61 per cent of Britons saying they have compromised when accepting their current role.
More than a quarter took a lower salary and almost one in five found more limited opportunities than they hoped for, settling for something not quite right. While younger job seekers may be perceived to be more demanding, it is Millennials who are most likely to compromise.
What’s important to employees and employers?
Only 17 per cent of people say they want to move regularly between employers – yet, with such a high proportion of employees saying they are looking to move role, where are employers not hitting the spot?
Aside from pay, which both employers and employees recognised as the most important factor, the research highlighted a huge disparity in what employers think is important for employee satisfaction, in comparison to what employees said was important.
Andy Sumner, Managing Director for Monster UK & Ireland, said; “This research provides important insight into what makes employees and employers in the UK and across Europe tick. There is clearly a restlessness amongst workers in the UK, with a quarter searching for a role in the last month. Even the most satisfied workers, Millennials, have itchy feet and are looking to find better.
“Our research found a real disparity between what employees want, and what employers thinks matters. While pay, flexibility and work-life balance are important, it’s essential for all organisations to think about how they can nurture the skills of their people, provide strong leadership, and really articulate their business’ purpose, values and goals – especially for the younger demographic.”
The study marks the first instalment of Monster’s World of Work research – looking at workplace fulfilment and trends across the UK, France, Germany and the Netherlands.