A new report shows just how transient the Irish workforce has become, with the vast majority of people looking to move around.
A survey of 1,600 people employed in Ireland has found that a surprisingly high 70pc want to change jobs in 2016.
Nearly 90pc are planning to change jobs over the next five years and it seems that ‘ask not what you can do for your company, but what your company can do for you’ really strikes a chord.
Granted, those surveyed were in the notably fluid labour pools of tech, finance, engineering and life sciences – most with more than 10 years of experience – but the figures still seem quite high.
Not just a salary decision
Respondents rated salary, promotion opportunities and an employer’s reputation and corporate culture as the three most important factors to consider when looking for a new job.
“Because of their high level of skills and the current ‘war for talent’, [those surveyed] are very mobile, with many planning to change jobs this year or in the coming years,” said Jackie Slattery, director of Career Zoo.
“In effect, they hold all the power, and they can pick and choose who they want to work for.”
Reasonable working hours and a good work-life balance are considered the most important factors in creating a positive working environment.
Demand for flexible work options – including remote working and flexible hours – continues to grow, with a large number of people saying flexibility could be the deciding factor when choosing between similar jobs.
“Employers have been reacting to the ‘war for talent’ by offering increased benefits, better workplaces, and perks ranging from unlimited leave to year-round free food,” said Slattery.
Same old chestnut
“What’s really interesting about our survey findings, however, is that […] it’s the old chestnuts of pay, promotion and a positive work-life balance that continue to determine people’s career choices.
“We frequently meet employers who boast the coolest premises in Dublin or the best social calendar for staff. But if they fail to get the basics right, they will continue to struggle to attract the right talent.”
Career Zoo’s next event is on 20 February, with panel discussions, workshops and guest speakers addressing topics such as cybersecurity, big data, company culture, workplace trends and employee satisfaction.
The event will also see the return of ‘biocluster’ (housing leading biopharma companies), ‘tech town‘ (showcasing career opportunities with Irish tech employers), coding workshops and a continued focus on women in tech and finance 2.0.