In our latest research study, we found that the main reason for looking for a new job is "career progression".
Jobseekers look around in order to take the next step up the career ladder but staying within the same industry. Almost 60% responded to this option. In some instances, there becomes a limit and barrier to the progress that can be made within a company and so the only option is to move on elsewhere.
25% of jobseekers are after a new role of a similar level but just want to move away from their current company/organisation. Potentially due to staff or manager clashes, lack of training, money issues, location/commuting difficulties being some of the reasons.
15% however, were looking for a career change all together.
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Most employees find that it is "The Company" that hinders career progression over anything else. In our latest survey we asked what most employees find holds them back from moving their careers forward out of a number of given options including "The company", "The Role", "Colleagues", "The Boss", "Their Skills" and "Their Confidence".
37% of responses selected "The Company" as the main reason for hindering their progression. Second to this were the individuals "Skills" of which 22% responded. Next, 14% selected "Confidence" from the options available - amazing that so many people have a lack of confidence that holds them back in their career!!
"The Role", "Colleagues" and "The Boss" were at the bottom of the pile. Only 6% chose "Colleagues", 8% "The Boss" and 12% "The Role".
Whatever the reason, career progression is so important to keeping an individual interested in their job and willing them to work for the company for the longer term rather than just the short term. The fact that most employees are stating that it is "The Company" holding them back shows that there are potentially no opportunities to progress within the company they are working for so the only option for promotions or advancements would be to move elsewhere. Have you got experience of a company hindering your career progression? Tell us the details here....
In a recent study, we found that 4 out of 5 individuals would take a demotion and pay cut to secure their dream job.
Taking a pay cut may not be a viable option with the current increase in the cost of living but IF it is affordable many would take the jump into a job of their dreams. Not only will moving into the perfect role help with overall job satisfaction and happiness moving forward, it could also help to path the way to further career progression in the future. At times, taking an initial step backwards can help to achieve a persons longer term goals.
This, however, can be a very difficult decision especially if you have a family, mortgage and other financial commitments. So, how can you make the decision? Here are 5 top tips to work out if you should take the leap.
1. Work out financially if it is a viable option and whether you can realistically cover the cost of living. If you can, then it is worth a shot!
2. Sit down with someone impartial and go over the pros and cons of staying at your current role versus moving on. Someone impartial will help you to think about things you may not have!
3. If the move is a total career change, then have you thought long and hard enough about whether you will enjoy the role you are going for. It is a huge decision so it is important to spend a good amount of time deciding if your skills will fit truly. Maybe consider volunteering to give yourself some practical experience.
4. If you are considering a location move, talk to your family and ensure they are all happy. This especially goes for the children, if any are involved. It may take some time for them to consider the move and come to terms with it but it is important to consider how everyone else will feel.
5. Be confident once the decision is made. Even if you have a small wobble it is important not to outwardly show these nerves or worry and to knock them on the head straight away. If you have spent enough time making the decision to change your role, this should not even be an issue.
Good luck!