One third of workers plan to leave job in 2016
Tue Jan 05, 2016 11:29 AM
ILM study finds one third of workers plan to leave their current job in 2016
An ILM study has found that one third of workers plan to leave their current job in 2016. Results from a survey carried out in November and December by the Institute of Leadership & Management, reveal that 32% of employees want to leave their current roles this year and cite lack of progression as their number one reason for wanting to leave with just over a quarter saying this is why they want to move on.
Interestingly financial reward if a low motivator, with only 15% of people saying they want to move to get a better salary. Poor future prospects and a lack of opportunity mean that 26% of people plan to leave their jobs this year, with 17% moving because of a lack of appreciation.
A quarter are so desperate to leave, that their current company could do nothing to keep them on. 27% of people say they wouldn’t stay where they are no matter what the company offered them.
In the last 12 months over a third of employees have been so fed-up that they have left without a new role to go to. 34% of those who left their jobs in 2015, did so without lining up a new job.
This is the second year in a row that ILM has found lack of progression as the main reason people want to move on. However, there’s been a 5% drop in the number of people planning to leave their jobs.
Kate Cooper, Head of Research and Policy ILM said: "The beginning of a New Year, is a natural point for people to start thinking about their future job prospects and there are many steps managers can take to respond to this. Our research indicates it is the opportunity to progress and not the desire for a bigger pay packet that is the main motivation in looking for a new job. Highlighting the progression opportunities that are available such as project leading, secondments and job shadowing will help demonstrate that there are development routes within the organisation. Ensuring staff feel part of the organisation and their achievements are recognised and appreciated will help to retain them and the talent the business needs"
Why workers are planning to move in 2016:
- More progression - 26%
- More appreciation– 17%
- Career change - – 17%
- Better salary – 15%
- More enjoyment - 12%