Archives for February 16, 2017

Here’s the No. 1 Reason Workers Are Seeking New Jobs In 2017

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By Scott A. Scanlon, Editor-in-Chief, Hunt Scanlon Media, originally posted on HuntScanlon.com on February 6, 2017. 

You might hate your boss or think you’re not paid enough, but if you lack a challenge in your professional life that’s the likely trigger to start you on the path to working someplace else. Here’s why.

The primary reason professionals are seeking new jobs in 2017 is to find a more challenging position. The quest for greater compensation comes in almost dead last as a reason to leave, according to a new global survey by Korn Ferry.

In the survey of nearly 2,000 professionals, nearly three quarters (73 percent) said that if they plan on being in the job market this year, it’s because they’re looking for a challenge. Trailing far behind, nine percent said they are looking because they either don’t like their company or their efforts aren’t being recognized, while five percent said their compensation is too low, and four percent said they don’t like their boss.

“These results mirror study after study Korn Ferry has done that show money is not the key motivator for employees,” said Kevin Cashman, senior partner at Korn Ferry. “Professionals who have progressed in their careers have done so for another reason. They’re passionate about what they do and need to feel that they are being pushed professionally and continually learning new skills.”

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