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Employees eye job change as economy stabilises

Australia's stabilising economy has fuelled a spike in the number of employees planning to change jobs, says survey

October 27, 2009

Australia’s stabilising economy has fuelled a spike in the number of employees planning to change jobs, according to a recent survey by specialist recruiter Hays.

When asked how many people they know who are looking to change jobs, 56 percent of the 1,261 respondents indicated ‘quite a few’.

Meanwhile, 33 percent believed most people just want to stay in their current role and 11 percent said most of their friends
were ‘not currently working’.

Hays Queensland Director Darren Buchanan says the firm has seen a significant increase in the number of employed people looking to change jobs.

“Some are passive job seekers, tentatively keeping an eye on opportunities that become available. Others are actively thinking of their career and looking for their next step up,” Buchanan says.

“Many of these candidates feel overworked and undervalued. Some feel frustrated by a lack of career progression this year. They held off exploring other opportunities until signs of economic stabilisation were clear. They are now looking for roles offering them real career growth,” he says.

According to Buchanan, the arrival of these job seekers back on the market will provide employers with the opportunity to hire “good people that are already employed”.

“By making the choice to change positions, candidates will create more attrition-based recruitment needs. This need to replace departing staff will help build overall recruitment momentum,” he says.

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