- 50% of professionals have job search plans for the second half
of the year, returning to a level not seen since early 2023
- Report reveals professionals most likely to make moves
TORONTO, June 26,
2024 /CNW/ - Half of Canadian professionals have
started looking or plan to start looking for a new job in the
second half of 2024, according to new research from talent
solutions and business consulting firm Robert Half. This is
compared to 41 per cent of workers who reported plans to look for a
new job during the same period last year.
Job Search Plans by Generation
Generation
|
July
2023
|
June
2024
|
Gen Z
|
64 %
|
69 %
|
Millennials
|
49 %
|
47 %
|
Gen X
|
39 %
|
44 %
|
Baby
Boomers
|
22 %
|
40 %
|
Top Job Search Motivators
According to the research, the main factors driving workers to
seek new jobs are:
- A higher salary (60%)
- Better benefits and perks (50%)
- More flexibility (32%)
- A higher-level title (31%)
For those who aren't looking for new opportunities, liking their
team and company culture and not wanting to lose their current
level of flexibility are the main reasons for staying put.
"As the economic outlook has evolved, professionals' optimism in
the job market has evolved too", said Koula
Vasilopoulos, Senior Managing Director of Robert Half, Canada. "Workers are feeling confident in
their abilities and in the opportunities available to them,
especially for those with in-demand skills and experiences."
Workers Remain Confident, Despite Challenges
Nearly six in 10 (58%) said their top challenge when applying
for jobs is making their resume stand out. Other obstacles they
face include a lack of salary transparency in the job posting (54%)
and finding the time to search and apply for jobs (50%).
However, 78 per cent, whether actively job seeking or not, say
they are confident in their abilities and have taken steps to
increase their value and employability by learning new skills.
Job Search Deal Breakers
Employers need to be aware of potential mistakes that can
detract from landing top-talent. Workers surveyed revealed that
they'd lose interest in a position due to:
- Mismatched title for experience/education required within the
description (39%)
- Requirement to work on-site with no potential for remote work
(39%)
- Vague or unreasonable job responsibilities, reporting lines and
career path (36%)
- Learning there has been high employee turnover (34%)
- No salary range listed in the job description (32%)
Vasilopoulos added: "Even though optimism is high, job seekers
continue to face challenges in the labour market, and they need to
take a strategic approach to their job hunting. In addition,
employers looking to attract top talent should be ensuring that
their hiring processes, compensation packages, and perks and
benefits are competitive and aligned with what workers are looking
for."
For more information on worker confidence and job search
tips, download Job Search Landscape 2024: Planning Your Next Career
Move.
About the Research
The data is from a survey developed by Robert Half and conducted by an independent
research firm in April 2024. The
survey contains responses from 600 workers 18 years and older and
more than 200 hiring managers at companies with 20 or more
employees in Canada.
About Robert Half
Robert Half is the world's first and largest specialized
talent solutions firm that connects opportunities at great
companies with highly skilled job seekers. Offering contract and
permanent placement solutions in the fields of finance and
accounting, technology, marketing and creative, legal, and
administrative and customer support, Robert Half has more
than 300 locations worldwide. Robert Half is the parent
company of Protiviti®, a global consulting firm
that provides internal audit, risk, business and technology
consulting solutions. Robert Half, including Protiviti, has
been named to the Fortune® Most Admired
Companies™. Explore our comprehensive solutions,
research and insights at RobertHalf.ca.
SOURCE Robert Half Canada Inc.