The job market continues to defy expectations. Firms have added new jobs at a speedy tempo, with the Bureau of Labor Statistics reporting greater than 800,000 new jobs added in Q1 2024 alone.
To grasp the views of job seekers on this complicated market, Make use of carried out its annual survey of U.S. staff, exploring job satisfaction, profession motivations, preferences for office flexibility, experiences throughout the job search course of, and recruiter-candidate interactions.
The 2024 Make use of Job Seeker Nation Report, carried out in partnership with Zogby Analytics, surveyed greater than 1,500 U.S. staff in April 2024, and the outcomes might shock and even alarm employers.
The survey discovered that whereas 79% of American staff point out they’re both very glad or considerably glad of their present roles, 86% are not less than considerably open to different job alternatives, together with 46% who’re very open. Moreover, 40% of staff are actively on the lookout for new employment, with a majority (58%) on the lookout for new roles inside their present firm.
Past compensation, lively job seekers are primarily motivated by profession development, larger work flexibility, and distant work alternatives. Firm tradition and higher management additionally rank excessive in significance to candidates. The report additionally reveals that candidates are feeling assured within the present labor market, with 50% of lively job seekers believing that discovering a job is simple and 56% believing that the present job market favors candidates.
For employers right now, understanding job seeker mindset, motivations, and habits is vital to connecting with candidates extra successfully and staying aggressive in a good labor market. The complete 2024 Make use of Job Seeker Nation Report supplies an in-depth, data-driven have a look at:
- The complexity of job seeker realities within the present market
- Motivations for leaving jobs or declining new presents
- Preferences for office flexibility
- Experiences throughout the job search course of
- Recruiter-candidate interactions
Employers can use this info to optimize and enhance their recruiting capabilities, knowledgeable by the realities job seekers face proper now. Right here’s a peek at what’s inside:
Complexity of Job Seeker Realities
In relation to ranges of job satisfaction, U.S. staff are overwhelmingly glad of their roles. In response to the Make use of survey knowledge, 79% are both very glad or considerably glad, in comparison with simply 10% of job seekers who’re dissatisfied.
Regardless of these excessive ranges of satisfaction, 86% of staff are not less than considerably open to different job alternatives, together with 46% who point out they’re very open.
Just like 2023, a major share of U.S. staff are actively on the lookout for a brand new job proper now, with 4 in 10 staff indicating they’re looking for new employment. The excellent news for employers is {that a} majority of job seekers (58%) have seemed for a brand new place inside their present firm.
Lively Job Seekers
So, what motivates job seekers to search for new employment? Past compensation, lively job seekers are primarily motivated by profession development and larger work flexibility or distant work alternatives.
Employers ought to acknowledge that candidates are on the lookout for alternatives to progress and to remain versatile of their method to work. By emphasizing development and adaptability in recruitment messaging, firms can differentiate themselves to job seekers available in the market.
Firm tradition and higher firm management additionally rank excessive in significance to candidates. Organizations should take an lively position in managing their employer model and making certain they’ve robust leaders who can successfully lead the workforce.
In relation to on the lookout for new roles, 50% of lively job seekers imagine that discovering a job within the present labor market is simple, and 56% imagine that the present job market favors candidates. Practically two-thirds imagine it’ll take them lower than three months to discover a new job.
Obtain the Full Job Seeker Nation Report
Keep forward of the curve and entice the most effective expertise to your group. Obtain the free report and achieve invaluable insights into the job market and job seeker preferences.
