Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Why employees look for a new job

Why employees look for a new job

Lack of career progression is the main reason candidates decide to change jobs, according to research conducted by specialist recruiter Hays. Over 600 candidates of Hays where asked why they were looking for a new job. The ten most common reasons given were:

1. Lack of career progression
2. Seeking new challenges
3. Salary
4. Lack of training or development opportunities
5. Poor management
6. Too much stress
7. Travel time too great
8. Seeking to specialise in a particular field
9. Poor work/life balance
10. Office politics.

“In a candidate-tight market retention is more important than ever,” said Jason Walker, General Manager of Hays New Zealand. “By identifying the common reasons people decide to look for a new job, businesses can focus on preventative strategies to work towards keeping their existing talent.

“As our survey shows, a big part of this is giving staff room to grow and develop their careers within the business. Linked to this is the importance of providing new challenges to staff as many candidates surveyed said they felt stale or bored in their current job and felt they were not going anywhere in their role.

“A lack of training or development opportunities was also a high factor, ahead of work/life balance and stress. Poor management was also a key reason for leaving a current job, with lack of direction, little empowerment or lack of recognition from management common complaints,” said Jason.

“Unsurprisingly, salary was a high factor although this survey makes it clear salary is not the main motivating factor for candidates seeking to change roles.

“Certain sector-specific reasons for leaving a current employer also emerged. For example, in the IT sector technically challenging roles were the key priority, followed by lack of career development, salary then training,” Jason said.

612 candidates were surveyed.

Hays is Australasia’s leading specialist recruitment consultancy, with 29 offices strategically placed around Australia and New Zealand, including offices in Auckland, Wellington and Christchurch to service local employers and job seekers.

- Ends -

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

ALSO:

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news