Top 5 Reasons to Change Jobs
Good economic conditions bring with them booming business, increased workloads and good cheer for most companies. They also bring with them increased attrition rates and higher mobility among employees. In a good job market, there will always be a large number of people who would be willing to change jobs.
However, a good job market is not the only reason for a change in jobs. Jobs In A Jiffy has compiled a list of the top 5 reasons why an employees chooses to leave his current employment.
Higher Pay
The most obvious and often cited reason for a job change is for higher pay. Most respondents to our questions felt that they get a bigger salary hike when they move to a company than they would get in their current employer’s performance appraisal. Though it is debatable if money is the sole reason for an employee quitting, but we can safely say that it is one of the prime motivators.
Promotion and More Responsibility
All employees strive to move up the corporate ladder. This is not merely for the higher pay check but also for the opportunity to handle more responsibility. At these stages, an employee can more visibly see his contribution to the organization. He is responsible not only for his own work but also for managing, motivating and getting the best out of his team. If an employee feels his career getting stagnated in his present organization, he will look to jump ships so as to fulfil his ambitions.
Location and Relocation
The place where an employee works or where his office is located causes quite a few job change decisions. Some are simple – the need to move to a particular city or region – termed as relocation – for reasons like marriage or family. Others are motivated by complex factors like work-life balance, difficult commute and accessibility issues. In these cases, an employee seeks to join an organization whose work location is better suited to his convenience.
Change Fields
After working in a chosen field for some years, an employee begins to feel the need to change fields. A person might want to change from a technical job to a more people oriented one. Though most employers support such employees by accommodating them in the organization, others are not in a position to do so. At such times, an employee has to find another employer who is willing to use his transferable skills in a different work profile.
Work Environment
This is one of the reasons often quoted by employees and experts alike for high attrition rates. It is also the reason most difficult to quantify and define. Work environment can broadly be defined social and professional environment in which you are supposed to interact with a number of people. This includes colleagues including subordinates and seniors, office policies and work infrastructure amongst others. These factors can motivate an employee and increase productivity or they could demoralize him and force a job change.
If an employer wants to minimize his attrition rates, he should try to address the above areas of employee concerns. This might involve short-term expenses but will result in tremendous long-term benefits for all.
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