One in Five Full-Timers Will Change Jobs in 2014

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NEW YORK—With the New Year now in full motion and predictions of continued job growth in certain business sectors, a high percentage of full-time employees in the U.S. are planning to find a new employer, according to a recent survey by CareerBuilder.

Some 21 percent of full-time employees plan to change jobs in 2014, the largest amount in the post-recession era and up from 17 percent in 2013, according to the survey, which was conducted online by Harris Interactive from Nov. 6 to Dec. 2. The survey included 3,008 full-time, private sector employees across industries and company sizes.

A drop in job satisfaction may account for the expected rise in turnover. Approximately 59 percent of employees are satisfied with their jobs, down from 66 percent in 2013; 18 percent are dissatisfied, up from 15 percent last year. Those who are dissatisfied cite concerns over salary (66 percent) and not feeling valued (65 percent) most often as reasons for their dissatisfaction.

Certain factors appear to make individuals more likely to change jobs than others. Here are the data findings from the survey:

• Employees who are dissatisfied with their job: 58 percent plan to change jobs in the New Year
•Employees who are dissatisfied with advancement opportunities at current company: 45 percent
•Employees who are dissatisfied with their work-life balance: 39 percent
•Employees who feel underemployed: 39 percent
•Employees who are highly stressed: 39 percent
•Employees who have a poor opinion of their boss's performance: 37 percent
•Employees who feel they were overlooked for a promotion: 36 percent
•Employees who have been with their company two years or less: 35 percent
•Worker who didn't receive a pay increase in 2013: 28 percent

For the 79 percent of employees who have no intention of leaving their current job in 2014, a variety of factors weigh into their decision, with relationships with co-workers, work-life balance and benefits topping the list.

Hedley Lawson, Contributing Editor
Managing Partner
Aligned Growth Partners, LLC
(707) 217-0979
hlawson@alignedgrowth.com
www.alignedgrowth.com