Whether you’re looking to make a hire or looking for a new job yourself, the Bristol jobs market is set to be filled with candidates, as reports suggest that more than a quarter of Bristolian employees are on the hunt for a new role this year.
As The Bristol Post recently highlighted, the annual Job Exodus Trends report by Investors in People found that 26% of employees in the South West intend to try and shift jobs in 2017.
So what’s making them unhappy in their current roles?
According to the findings, the major issue for workers in the South West region is a lack of career progression, cited by 40% of those surveyed. The second most critical factor was poor management, cited by 37%.
As might be expected, money also seems to be a key concern; when asked what their employer could do to increase their happiness at work, almost half (47%) said offering even a small pay rise would help.
When it comes to the most important qualities in a new employer, pay is also the top issue, with more than three-quarters (78%) of South West workers citing competitive pay as the biggest factor. This was followed by the actual work being enjoyable (61%) and workplace benefits (49%).
The findings run in line with similar research about the needs and expectations of the modern workforce – particularly members of the Millennial generation.
For example, more than a quarter (28%) would favour flexible working hours over a 3% pay rise. In addition to this, more than half (57%) of workers aged 16-29 said an organisation that values its staff was one of the most important qualities in a new employer.
Commenting on the findings, Paul Devoy, head of Investors in People, said there is a “clear imperative” to address workers’ pay and resolve unsatisfactory management if employers want to attract and retain the best talent.
The responses send “a clear message to British business to invest in your people or risk losing them,” he added.
For help with either your next hire or career move in 2017, get in touch with us here at Lucy Bristow.