Despite market volatility, more than 70% of employees and job seekers express confidence in their ability to secure and maintain employment, according to the third-quarter Talent Pulse Survey report from national staffing firm Vaco.

The survey included 8,894 job seekers and employed professionals.

It also found 68% feel either extremely or somewhat confident in their ability to improve their financial situation in the next six months. In addition, 76% felt equally confident about advancing in their careers in the next 12 months.

“Skilled professionals, whether employed or looking for work, continue to express optimism despite the ongoing economic uncertainty,” Vaco President Kevin Witt said in a press release. “As a result, hiring organizations will need to be thoughtful and competitive in their offers, especially as we head toward the last quarter of the year.”

Witt continued, “Employees and job seekers are motivated by the opportunity to earn more, but they are also looking to maintain work-life balance and have the opportunity to grow in their careers.”

Other findings in the report included:

• Concerned about pay, 43% of job seekers said they are looking for more money and better benefits, while 29% wanted a better work-life balance.
• “Clawback bonuses” are gaining in popularity and average between $8,000 and $15,000. Clawbacks are legal clauses that allow companies to recoup funds that they previously distributed. In this case, candidates would have to pay back the amounts if they leave within 12 months.