Career Satisfaction Has Fewer Workers Planning to Change Jobs Compared to One Year Ago

Rhea-AI Summary

Robert Half's latest research, released on June 26, 2024, reveals that fewer professionals plan to change jobs in the second half of 2024, with only 35% considering a move, down from 49% a year ago. Job satisfaction is high, with 77% of workers happy in their current roles and 85% enjoying a good work-life balance. The report highlights that confidence in skills remains strong, with 73% of workers feeling confident in their professional abilities. Key factors contributing to job satisfaction include competitive salaries, flexible work options, and supportive management. Employers must adapt their hiring strategies to attract top talent by avoiding pitfalls like not listing salary ranges and requiring on-site work without flexibility.

Positive

• Fewer professionals planning to change jobs, down to 35% from 49%.
• 77% of workers report high job satisfaction.
• 85% of workers enjoy a good work-life balance.
• 73% of workers confident in their professional abilities.

Negative

• None.

• More than three-quarters of professionals are happy in their current role and report high confidence in their skills and abilities
• Employers will need to uplevel their hiring strategies to attract top talent

MENLO PARK, Calif., June 26, 2024 /PRNewswire/ -- Despite elevated job openings, the Big Stay is not going away, according to new research from talent solutions and business consulting firm Robert Half. In a recent survey, 35% of workers plan to look for a new job in the second half of 2024, down from 49% who had similar plans during the same period last year.

Year-over-year, job search plans have declined across generations:
Generation	July 2023	June 2024
Gen Z	74 %	44 %
Millennials	63 %	45 %
Gen X	44 %	26 %
Baby Boomers	23 %	13 %

See job search plans over time. 

Job Satisfaction is Contributing to the Big Stay
According to the research, 77% of workers say they are generally happy in their role, and 85% report a good work-life balance. The top factors leading to overall job satisfaction include:

1. Competitive salary with regular merit increases
2. Flexible work location and schedule
3. Fair workloads and job expectations
4. A positive work culture and team dynamic
5. Having a supportive manager

Workers Remain Confident
Research suggests the dip in job search activity is not for lack of worker confidence. Nearly three-quarters of workers (73%) surveyed say they are confident in their professional abilities and have taken steps to increase their value and marketability by learning new skills.

"In the past few years, professionals made career moves to take advantage of the many job openings and improve their personal and professional lives," said Dawn Fay, operational president of Robert Half. "While they are now reporting high job satisfaction levels in their current roles and aren't actively in a job search, many are still taking steps to enhance their skills and ultimately increase their marketability for any future moves they might make."

Job Search Deal-Breakers
With talent scarce, employers should be aware of potential mistakes that could deter potential candidates. Professionals surveyed revealed that they'd lose interest in a position if the organization:

• Doesn't list a salary range in the job description (41%)
• Requires them to work on-site with no potential for remote work (37%)
• Doesn't place an emphasis on company culture (30%)
• Prolongs the interview process (28%)

"In the era of the Big Stay, employers need to take into consideration what workers want and come to the table with competitive offers," Fay added. "With skilled talent at a premium and workers feeling satisfied in their current role, employers can't afford to make mistakes that could deter prospective candidates from applying to their open positions."

For more information, download Robert Half's Job Search Landscape 2024: Planning Your Next Career Move.

About the Research
The data is from a survey developed by Robert Half and conducted by an independent research firm in April 2024. The survey contains responses from more than 1,000 workers 18 years and older and more than 400 hiring managers at companies with 20 or more employees in the United States.

About Robert Half
Robert Half (NYSE: RHI) is the world's first and largest specialized talent solutions firm that connects opportunities at great companies with highly skilled job seekers. Offering contract talent and permanent placement solutions in the fields of finance and accounting, technology, marketing and creative, legal, and administrative and customer support, Robert Half has more than 400 locations worldwide, including nearly 100 locations in 18 countries outside the United States. Robert Half is the parent company of Protiviti^®, a global consulting firm that provides internal audit, risk, business and technology consulting solutions. Robert Half, including Protiviti, has been named one of the Fortune® Most Admired Companies™ and 100 Best Companies to Work For and is a Forbes Best Employer for Diversity. Explore our comprehensive solutions, research and insights at RobertHalf.com.

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SOURCE Robert Half

FAQ

What percentage of workers are planning to change jobs in the second half of 2024?

According to Robert Half's research, 35% of workers plan to change jobs in the second half of 2024.

How has job satisfaction impacted job search plans in 2024?

High job satisfaction, with 77% of workers happy in their roles and 85% enjoying a good work-life balance, has led to fewer workers planning to change jobs in 2024.

What are the main factors contributing to job satisfaction according to Robert Half's research?

The main factors include competitive salaries, flexible work options, fair workloads, a positive work culture, and supportive management.

How confident are workers in their professional abilities according to the latest survey?

The survey indicates that 73% of workers are confident in their professional abilities.

What are some potential job search deal-breakers for professionals?

Deal-breakers include not listing salary ranges, requiring on-site work with no remote options, not emphasizing company culture, and prolonging the interview process.