By Bruce Powell, Founder & Executive Recruiter
Once you hire top talent that doesn’t mean you have them for good or even for the long term. Gone are the days where employees choose a career path and stay with a company for 25 years. We know this. However, what many companies don’t realize is just how many people are open to making a career move.
A recent study found that 76% of full time employees are ACTIVELY looking or open to new career opportunities. That is 3 out of 4 people who work for your company! This is a trend that organizations need to pay attention to, or you could come into the office one morning and be blindsided with a letter of resignation or two.
This emerging trend of employees being more willing to jump ship has also been confirmed by another study that found more than one-third of Canadian employees are seriously considering leaving their current organization. What is even more troubling for organizations is that senior management is more than twice as likely to consider making the jump.
There are four main reasons why people are so willing to make a career move at present, and none of them come as a big surprise:
1. More money – no surprise here!
2. Better work-life balance
3. Career advancement opportunities
4. Improved benefits
Talk with our Toronto recruiters today about how you can improve your hiring and retention rates. Learn more by checking out these headhunter insights from our blog:
5 Easy to Implement Recruitment and Retention Strategies
5 Types of Employees Who Can Ruin Your Company Culture and Kill Morale
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IQ PARTNERS is an Executive Search & Recruitment firm with offices in Toronto and Vancouver. We help companies hire better, hire less & retain more. We have specialist teams of recruiters in Financial Services & Insurance, Marketing Communications & Media, Emerging Tech & Telecom, Consumer Goods & Retail, B2B & Industrial, Technology, Accounting & Finance, HR & Operations and Mining & Engineering. IQ PARTNERS has its head office in Toronto and operates internationally via Aravati Global Search Network. Click here to view current job openings and to register with us.
Bruce co-founded IQ PARTNERS in 2001 and currently operates as Managing Partner. His personal background includes hands-on management experience in sales, marketing and marketing services. He has built management teams for a wide variety of marketing, communications, media and technology companies. He has also participated in several M&A transactions for service-based companies and is frequently called upon as a resource in the planning and negotiation of such deals.