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World – Monster survey shows workers looking for better jobs

14 October 2013

Monster.com released the first instalment of its mid-year Workforce Talent Survey focusing on the attitudes of workers responding to the survey. According to a release, the survey found that a majority of employed professionals are inspired and proud about their current company and its future.

Over two thirds of respondents (69%) feeling inspired to do their best work and 67% feeling proud to work for their organisation or company. Despite the general optimistic sentiment towards their employer, however, workers are looking to find better. Their sentiments regarding motivating and engaging factors are striking:

  • Nearly all (98%) of workers are driven by their employer's ability to use their skills and abilities
  • 97% of workers agree that salary, enjoyment of work and need for respect and appreciation are all among the highest values in the work place

Though the survey found nearly unanimous agreement that skill recognition and compensation are important and necessary factors for employee engagement and motivation, the results also indicated that many employers are not meeting the needs of their workers:

  • Only 48% of employed workers feel that their efforts are recognised and valued by their present job, while 52% did not feel efforts were recognised/valued
  • 6 out of 10 employed workers don't expect to receive a raise
  • Less than a quarter (20%) of employed workers believe they will get a promotion
  • 60% don't believe the company is making the right investments for the future of the workforce

Jeffrey Quinn, Vice President of Monster's Global Insights, said: "It's apparent that employed workers are wary about their perceived value in their current positions and that's encouraging them to look for new opportunities. Employers should take note at what matters most to their employees in an effort to secure and retain the best talent."

Important to note, this survey determined that the top five reasons why employed workers are searching for new jobs are as follows:

Top 5 reasons why they're job hunting:-

  • Higher Compensation (54%)
  • Better Match (40%)
  • Job Stability (29%)
  • Personal Fulfilment (27%)
  • Company's Culture (23%)

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